On 16 July 2020, Panama has published Decree No. 356 in the Official Gazette regarding further extensions of certain deadlines due to the Covid-19 pandemic.
Annual tax return filing deadline for the 2019 tax year 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 due date is also postponed to 31 July 2020 for the payment of property tax withheld by banks and corresponding to the first four-month period of 2020.