On 31 January 2020, Directorate General of Revenue of Panama has issued Resolution No. 201-1035 in the official gazette, which extends the deadline for filing the Country by Country Report (CbC) and the Notification as well.
The Resolution amends the first article of Resolution No. 201-9116 as well as the first article of Resolution No. 201-9411 and extends the filing of Country by Country (CbC) reporting and the Notification for the 2018 fiscal year until 15 February 2020. Furthermore, executive Decree No. 46 of 27 May 2019 introduced CbC reporting requirements, which first apply in respect of the 2018 reporting fiscal year.