Panama published, in the Official Gazette, Executive Decree No. 115 of 2020 (the Decree), which establishes the regulatory framework for the issuance and use of electronic invoices by companies exempt from the use of fiscal equipment (i.e., devices that collect tax data to submit to the General Directorate of Revenue (DGI for its Spanish acronym)).
Background
Resolution No. 201-5784 of 2018, issued by the DGI, established provisions to regulate the use of electronic invoices for companies tha…