Panama's Directorate General of Revenue (DGI) has issued Resolution 201-2232 of 16 March 2023, which was published in Official Gazette No. 29754 on 4 April 2023 and is effective from that date. The resolution regulates the submission of extension requests for the presentation of documents and clarifications in relation to claims for the application of the benefits established in Panama's tax treaties. In general, a taxpayer may request treaty benefits by submitting a formal application to the DGI 30 days prior to the execution of a transaction. The DGI has a maximum period of 2 months to respond to the...