Panama's Ministry of Economy and Finance has announced the National Assembly's approval in the first reading of a draft law to extend the general tax amnesty that was introduced in October 2019 ({News-2019-10-03/A/3-previous coverage}). The draft law would extend the deadline for the amnesty to 30 June 2020 with 85% relief from interest, surcharges, and fines provided if full payment of outstanding taxes due is made by that date. The draft law also provides for a payment facility allowing ta…