Article 13 of Law 52, published in the Official Gazette of 28 August 2012, modifies article 762-N of the Tax Code (TC) by introducing a general definition of tax residence for individuals and companies in domestic law; hitherto, tax residence is only defined for treaty purposes. The Law is retroactively effective from 1 January 2012.
Individuals
The following are considered as resident individuals
| - | individuals remaining in Panamanian territory at least 183… |