Panama Tax News

DGI prohibits the usage of pre-accounts as a substitute for invoices

21 December 2023

EY Global Tax Controversy Flash Newsletter (Issue 65) | Organisation for Economic Co-operation Development expresses support for ICAP program

12 December 2023

EY Global Tax Controversy Flash Newsletter (Issue 64) | Italy proposes several taxpayer-friendly changes to its cooperative compliance program

14 November 2023

Panama Announces Removal from FATF Anti-Money Laundering Grey List

3 November 2023

Barbados Updates CbC Report Exchange Relationships

27 October 2023

Panama Further Extends Deadline for Resident Agents to File Annual Sworn Statement on Accounting Records

18 October 2023

Panamanian Tax Authority further extends deadline for resident agents to file affidavit on accounting records of offshore entities

17 October 2023

Panama enacts law creating transitory tax-recovery measures and abbreviated audit procedures

16 October 2023

EY Global Tax Controversy Flash Newsletter (Issue 61) | Companies should begin Pillar Two preparations to prevent double taxation, tax disputes

15 August 2023

Panama Amends Tax Credit Incentive for Tourism Sector in Light of Supreme Court Ruling

9 August 2023

Panama Reportable Jurisdictions for CRS 2023 Includes Addition of Saint Kitts and Nevis and Turkey

27 July 2023

Panama Supreme Court Finds Bill Regulating the Use of Blockchain Technology and Crypto Assets Unconstitutional

25 July 2023

Panama Establishes New Income Tax Return Forms for Natural and Legal Persons

20 July 2023

Panamanian Tax Authority extends deadline for resident agents to file affidavit on accounting records of offshore entities

17 July 2023

Panama Tax Authority provides process for deregistering certain 'fiscal equipment'

10 July 2023

Panama Provides Brief Extension for Submitting Transfer Pricing Report

7 July 2023

OECD Notes Progress on Transparency and Exchange of Information in Latin America

29 June 2023

EY Global Tax Controversy Flash Newsletter (Issue 59) | US IRS implements pre-screening process for taxpayers seeking APAs

15 June 2023

Panama Tax Authority establishes procedure for closing commercial establishments that fail to comply with obligation to issue and/or keep invoices or receipts

15 June 2023

OECD Report Finds Tax Revenue Rebound in Latin America and the Caribbean

18 May 2023

EY Global Tax Controversy Flash Newsletter (Issue 58) | New global survey from EY highlights business concerns on the outlook for tax audits and disputes

16 May 2023

Panama Reverts Conditions for Large Taxpayer Status

12 May 2023

Panama Establishes New Fines for Late Filing of Employment Withholding Tax Returns

9 May 2023

Panama Revises Conditions for Large Taxpayer Status

1 May 2023

Panama Supreme Court Holds Transitional Provision of Law Amending Tax Credit Incentive for Investments in the Tourism Sector is Unconstitutional

28 April 2023

Panama is amplifying the scope of the e-invoicing mandate

26 April 2023

Resolution on Claiming Tax Treaty Benefits in Panama

19 April 2023

EY Global Tax Controversy Flash Newsletter (Issue 56) | EY comments on BEPS 2.0 consultation documents identify key issues impacting tax certainty for multinationals

14 March 2023

Panama's National Assembly Overrides Veto of Bill Repealing Tax Credit Incentive for Investments in the Tourism Sector

15 February 2023

EY Global Tax Controversy Flash Newsletter (Issue 55) | HMRC evolves its compliance approach with new ‘Guidelines for Compliance’

14 February 2023