Panama: DGI clarifies tax lottery drives revenue growth through voluntary compliance
Panama's tax authority (DGI) has clarified on 13 August 2026 that the tax lottery has successfully increased government tax revenue by encouraging citizens to request receipts during purchases. Since the program launched on 28 August 2025, monthly
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Panama: DGI extends transfer pricing report filing deadline for specified taxpayers
Panama’s tax authority (DGI) has published Resolution No. 201-6989 (issued on 2 September 2026) in the Official Gazette on 8 September 2026 extending the deadline for filing the Transfer Pricing Report (Form 930) for taxpayers operating under a
See MorePanama introduces economic substance rules for multinational entities from 2027
Panama’s Ministry of Economy and Finance has published Executive Decree No. 32 in the Official Gazette on 2 September 2026 providing the official regulatory framework for economic substance requirements in Panama. These rules specifically target
See MorePanama introduces preferential real estate transfer tax exception regime, reduced progressive rates
Panama has published Law No. 546 of 31 August 2026, in the Official Gazette, which modifies Article 4 of Law 106 of 1974 to establish a preferential tax regime for the first sale of new housing units. The primary focus is a tax exemption on the
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Panama: Revenue Authority updates CRS jurisdiction list
Panama’s General Revenue Directorate has formally adopted a list of 108 participating jurisdictions for the automatic exchange of financial information under the Common Reporting Standard (CRS). Resolution No. 201-5324 was issued on 15 July
See MorePanama: Cabinet proposes equalisation of the tax regime, applied to trade in the digital economy
Panama’s Cabinet Council announced, on 19 August 2026, that it approved sending Bill 30-26 to the National Assembly for consideration. This bill amends and supplements provisions of the Tax Code related to the taxation of certain digital economy
See MorePanama: MEF to overhaul revenue agency after years-long tax fraud scheme
Panama's Ministry of Economy and Finance (MEF) disclosed on 5 August 2026 that criminal fraud schemes operated within its General Directorate of Revenue (DGI) for years, systematically circumventing institutional controls. Minister Felipe Chapman
See MorePanama: DGI updates transfer pricing reporting form ahead of 2026 filing season
Panama's tax authority (DGI) has announced the approval of a new version of the transfer pricing information return (Form 930 – Version 3) under Resolution No. 201-4247 of 16 June 2026, published in the Official Gazette on 1 July 2026. The
See MorePanama updates reportable jurisdictions list under CRS
Panama has updated its CRS reportable jurisdictions list through Executive Decree No. 21 of 27 May 2026, as published in the Official Gazette. This executive decree establishes the updated list of foreign jurisdictions subject to financial data
See MorePanama enacts law introducing economic substance rules for MNE groups
Panama has enacted Law No. 526 of 28 May 2026, significantly reforming its National Fiscal Code by introducing economic substance requirements for multinational enterprise (MNE) groups earning foreign-source passive income. The reform is designed
See MoreAndorra, Panama to commence tax treaty talks
Andorra’s government announced on 6 March 2026 that representatives from Andorra and Panama met in March 2026 to discuss international legal cooperation and security initiatives, including plans to negotiate an income tax treaty. At the XXIV
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Netherlands: MoF announces 2026 tax treaty agenda, possible review of Panama agreement
The Netherlands Ministry of Finance has issued a letter to the House of Representatives outlining planned and ongoing negotiations on tax treaties in 2026 on 23 April 2026. A separate government release indicates that the Netherlands is currently
See MorePanama: MEF to dissolve thousands of suspended companies starting February 2026
The Ministry of Economy and Finance (MEF) announced on 23 February 2026 that it will launch a major initiative to dissolve suspended legal entities, reinforcing Panama's commitment to legal and financial transparency while meeting international
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Panama ratifies tax information exchange agreement with Ecuador
Panama has ratified its first tax information exchange agreement (TIEA) with Ecuador through Law No. 508, published in the Official Gazette on 13 February 2026. Key highlights include the formal approval of a tax information exchange agreement
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OECD: Montenegro, Oman, Panama, Peru, Rwanda, and Uruguay sign CARF MCAA, Addendum to CRS MCAA
According to an OECD update, Montenegro, Oman, Panama, Peru, Rwanda, and Uruguay signed the Multilateral Competent Authority Agreement on Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF MCAA) and the Addendum to
See MorePanama: National Assembly approves TIEA with Ecuador
Panama’s National Assembly approved draft Law No. 439, ratifying the tax information exchange agreement (TIEA) with Ecuador on 14 January 2026. Signed on 14 August 2025, the agreement seeks to enhance tax cooperation and transparency through
See MorePanama: DGI announces updated tax return forms
Panama’s tax authority (DGI) announced on 8 January 2026 several updates to the e-Tax 2.0 system, including the release of new versions of declaration forms. A new section has been added to Form F2 (Corporate Income Tax), which now
See MorePanama: Cabinet approves TIEA with Ecuador
The agreement aims to enhance transparency and cooperation on tax matters between the two nations. Panama's Cabinet has approved the tax information exchange agreement (TIEA) with Ecuador on 30 September 2025. A TIEA is a bilateral
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