OrbitaxPanama Decree on Application of the Arm's Length Principle and Transfer Pricing Documentation Requirements Enters into Force
|Approved Changes|Panama
On 1 January 2017, Executive Decree No. 390 entered into force regarding Panama's transfer pricing regime. The decree confirms and clarifies certain aspects of the regime, and introduces additional information and documentation requirements. The main aspects of the decree include:
- Transactions should be analyzed individually according to the methods set in the tax code, although two or more tr…
