Panama has published Executive Decree No. 251 of 24 March 2020 in the Official Gazette, which includes a number of tax relief measures in response to the COVID-19 pandemic. These include:
- An extension of the deadline for the annual tax return for 2019 to 30 May 2020;
- An extension of the deadlines for the payment of taxes to 18 July 2020 for taxes that are normally due from 20 March to 18 July 2020, which will be considered timely paid without interest or penalties, excluding income tax with…