The Directorate General of Revenue (DGI) of Panama released Resolution No. 201-3346 on 13 April 2023. On 19 April 2023, this resolution has been published in Official Gazette No. 29764, and effective since that date. The resolution revises the criteria for determining whether a taxpayer qualifies as a large taxpayer. According to Resolution 201-3346, the new simplified conditions state that an individual or a legal entity will be categorized as a large taxpayer if their income or assets exceed PAB 20 million.
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