Law No. 5 of January 25, 2006 modifying Article 5 of Law 108 of 1974 which grants incentives for exports and indicates other provisions", sets forth, in its Article 2, that it modified Article 701 of the Fiscal Code, to wit

 Efectuada la retención, el agente de retención es el único obligado ante a la Dirección General de Ingresos.

We frequently serve clients in matters related to the acquisition or sale of real estate in the entire territory of the Republic of Panama or for procedures ranging from value updates to the registration of properties under the new regime of Family Tax Patrimony.

With this new legal initiative, the taxpayers have the opportunity to clear tax debts without interests, surcharges and fines and to file forms past due without penalties.

We all know that Panama has a privileged geographical position, nestled between the two America's and a stone's throw away from the Caribbean.

Esto sucedió en una reunión del organismo celebrada en Barbados, que concluyó el pasado viernes.

The tax residency certificate is only applicable to residency of countries with which Panama has subscribed double taxations treaties.

La República de Panamá tiene un Sistema Tributario que se basa en el Principio Territorial de Tributación. Este principio que Panamá soberanamente ha escogido, significa que sólo los...

There are several transactions subject to inscription in the Public Registry in regards with Real Estates: mortgages, donation, improvement statements, co-owners acts, anyway, all sort of deeds requested for the due inscription of real estates in Panama.

Su ubicación hace de Panamá uno de los países más conectados del mundo.

Panama has evolved from an important maritime trading hub into a top international banking and professional services centre.

The Panamanian Constitution reserves "retail activities" for Panamanian nationals.

El virus nos atacó. A todo el mundo afectó el COVID-19, algunos en su sistema y a la gran mayoría económicamente, es por ello que de las peores crisis,

At the CityWealth International Financial Centre Awards 2016 held in London on 20 January Hatstone was voted 'Boutique Law Firm of the Year'.

La promulgación de la Ley 526 de 2026 en Panamá introduce obligaciones estrictas para las empresas que forman parte de grupos multinacionales y perciben rentas pasivas de fuente extranjera. Con la entrada en vigor fijada para el periodo fiscal 2027, las organizaciones rezagadas se exponen a una tarifa impositiva del 15% sobre su renta neta gravable de fuente externa si no logran demostrar una presencia operativa real dentro del territorio nacional. Ante este panorama normativo, delegar la administración contable y laboral en proveedores locales calificados deja de ser una alternativa de eficiencia para convertirse en un pilar de cumplimiento legal.

In today’s international tax environment, marked by increasing transparency and regulatory scrutiny, the selection of an offshore jurisdiction can no longer be based solely on traditional tax benefits. Within the practice of wealth planning and multinational structuring, factors such as operational efficiency, regulatory burden, tax neutrality, and legal flexibility have become decisive.

The regulation of Transfer Pricing is one of the mechanisms through which the Directorate General of Revenue (DGI) seeks to avoid the erosion of the tax base.

En Panamá, el deporte es un sector que está en constante desarrollo, que tiene potencial de crecimiento, pero sólo si estamos dispuestos a invertir en la infraestructura necesaria para darle la oportunidad de triunfar a nuestros deportistas.

It is important to verify at the Public Registry that the seller, whether it is an individual, group of individuals or legal entities, is/are the legitimate owners of the property.

It is common for local authorities to exceed their fiscal borders when levying construction taxes for the repair or construction of streets or roads.