Panama has published Executive Decree No. 356 of 16 July 2020 in the Official Gazette, which provides further extensions of certain deadlines in response to the COVID-19 pandemic. The main deadline extension is for the annual tax return for the 2019 tax year, which was previously extended to 17 July 2020 by Executive Decree No. 298 and is now extended to 31 July 2020 by Executive Decree No. 356. The Decree also extends the deadline to 31 July 2020 for the payment of property tax withheld by banks for the first four-month period of 2020.