Service:
Tax

Personal Income Tax for expats in Panama

If you live in Panama or plan to move soon, you might be wondering about the tax environment in the country. In this article, we will share some information related...

Category: Commentary
Services: Tax

Executive Decree 251 on tax measures due to the state of national emergency

Due to the national state of emergency because of COVID-19, some articles of the Tax Code were modified to alleviate the economic impact. Article 1 of Executive Decree 251 establishes...

Category: Laws
Services: Tax

Law 122 of 2019 on tax credit eligibility to investors

On December 31, 2019, Law 122 was established, which amends Law 80 of 2012. Law 122 dictates incentive rules for the promotion of tourism activity. Investors who develop new tourism...

Category: Laws
Services: Business | Tax

Law 99 of October 11, 2019 – General Tax Amnesty in Panama

On October 11, 2019, Law 99 was published granting general tax amnesty for the payment of taxes owed to the Panama General Revenue Directorate (DGI). Likewise, this law amends Law...

Category: Laws
Services: Tax

How To File Personal Income Taxes in Panama

Filing taxes for the first time in a foreign country can be confusing, especially if you are not familiar with their system or the language. With the video and instructions...

Category: Commentary
Services: Tax

VLOG – Can I obtain a Tax Id in Panama without being a Resident?

We dicussed in another article the advantages of Territorial Taxation, as opposed to Worldwide Taxation, and the fact that Panama is a country that applies Territorial Taxation. Consequently, clients frequently...

Category: Commentary
Services: Immigration | Tax