Panama News

Panama Considering SME Corporate Tax Rate Cuts

by Mike Godfrey, Tax-News.com, Washington

Friday, August 21, 2020

Panama's parliament is presenting considering changes to income tax rates for small- and medium-sized businesses, included in Bill 358. Read Full Story

Panama Announces COVID-19 Tax Reliefs

by Mike Godfrey, Tax-News.com, Washington

Wednesday, April 15, 2020

Panama has announced a broad range of supports for taxpayers, in response to the COVID-19 pandemic. Read Full Story

EU Adds Cayman Isles, Panama, Seychelles To Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

The EU has added the Cayman Islands, Palau, Panama, and the Seychelles to its list of non-cooperative tax jurisdictions, bringing the total tally to 12 from 8. Read Full Story

France Updates Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, January 15, 2020

On January 6, 2019, a decree was published in the French Official Journal to modify the list of non-cooperative states and territories in tax matters. Read Full Story

Panama Grants Certain Companies A One-Month Filing Extension

by Mike Godfrey, Tax-News.com, Washington

Friday, November 15, 2019

Panama has extended the filing annual corporate tax filing deadline for certain international trading and group headquarter companies. Read Full Story

Panama Launches New General Tax Amnesty

by Mike Godfrey, Tax-News.com, Washington

Friday, October 4, 2019

Lawmakers in Panama have endorsed the launch of a new general tax amnesty, included in Bill 78. Read Full Story

Panama Strengthens New Law Criminalizing Tax Evasion

by Mike Godfrey, Tax-News.com, Washington

Friday, September 13, 2019

Panama's Cabinet Council has approved a proposed legislative amendment to enable the country to more effectively penalize repeat tax evaders. Read Full Story

Panama Outlaws Tax Evasion

by Mike Godfrey, Tax-News.com, Washington

Monday, June 17, 2019

Panama has enacted Law 70 to criminalize tax evasion. Read Full Story

Panama To Extend Tax Breaks For Tourism Services Providers

by Mike Godfrey, Tax-News.com, Washington

Monday, June 17, 2019

Panama's National Assembly has approved legislation that will extend tax incentives for hotels and tourism services providers until 2025. Read Full Story

Panama Signs Multilateral Pact To Exchange CbC Reports

by Mike Godfrey, Tax-News.com, Washington

Monday, June 17, 2019

Panama has become the latest jurisdiction to sign the Multilateral Competent Authority Agreement for Country-by-Country Reporting, allowing it to exchange CbC reports with other jurisdictions on an automatic basis. Read Full Story

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