Panama Tax News

Panama Provides Further Deadline Extensions for COVID-19

1 June 2020

Costa Rica establishes pilot program with Panama to allow international drivers to transport goods between those countries

27 May 2020

EY Global Tax Controversy Flash Newsletter (Issue 22) | Companies must remain focused on transfer pricing controversy management in Indonesia, given recent tax audit trends and regulatory changes

19 May 2020

Panama Provides Return Deadline Extension in Response to COVID-19

6 April 2020

Panama Publishes Law for Beneficial Ownership Registry

6 April 2020

Panama’s Ministry of Labor and Workforce Development further extends the validity of work permits issued to foreign workers due to COVID-19

2 April 2020

Panama’s Tax Authority extends suspension of administrative appeals proceedings

1 April 2020

Panama Pacifico Agency suspends administrative proceedings due to national state of emergency declaration in Panama

1 April 2020

Panama’s Government issues shelter in place order to control spread of COVID-19

31 March 2020

Panama’s Ministry of Health temporarily suspends construction-related activities to mitigate spread of COVID-19

31 March 2020

Panama publishes law on beneficial owner register for legal entities

31 March 2020

Panama’s Government temporarily closes certain establishments and imposes additional sanitary measures to reduce spread of COVID-19

26 March 2020

Panama’s Tax Authority suspends administrative proceedings due to COVID-19

26 March 2020

Panama’s Ministry of Labor and Workforce Development issues regulations with temporary actions to stem the spread of COVID-19 in the workplace

20 March 2020

Panamanian Government imposes a curfew in the national territory to stop spread of COVID-19

20 March 2020

Panama publishes rules on use of fiscal equipment in Panama

13 March 2020

Panama publishes rules on use of e-invoicing in Panama

13 March 2020

Panama to Extend General Tax Amnesty

13 March 2020

Panama included on EU list of non-cooperative jurisdictions for tax purposes

19 February 2020

Results of EU Economic and Financial Affairs Council Meeting Published Including Revised List of Non-Cooperative Jurisdictions

19 February 2020

EY Global Tax Controversy Flash Newsletter (Issue 19) | Upsurge of transfer pricing controversy seen in emerging countries

19 February 2020

Panama CbC Registration Available via AEOI Portal

29 January 2020

Panama Extends Tax Incentives for Tourism Activities

13 January 2020

Panama Issues Regulations Extending Initial CbC Reporting Deadline and Establishing CbC Notification Procedure

30 December 2019

OECD Publishes Exchange of Information Compliance Ratings for Eight Jurisdictions

14 November 2019

Panama Extends Return Filing Deadline for Multinational Enterprise License Companies and Panama Pacifico Special Economic Area Companies

8 November 2019

Panama Introduces General Tax Amnesty

3 October 2019

France and Panama Forming Working Group on Cooperation in Fiscal Transparency

22 August 2019

Panama Announces Designation of Banks and Financial Institutions for Property Tax Withholding Mechanism

6 August 2019

Panama Implements CbC Reporting Requirements

13 June 2019