Law 51 of 2008, as amended by Law 82 of 2012 (the “Law”) establishes the regulatory framework for the creation, use and storage of electronic documents and the electronic certification of signatures in Panama.
The Government of Panama enacted Law 337 of 2022 (the “Law”), for the purpose of increasing the collection of taxes and duties.
In order to comply with the Foreign Account Tax Compliance Act (FATCA) and facilitate the exchange of tax information, Panama enacted the following laws…
Single Tax Payer Registry Update (RUC)Pursuant to Resolution No. 201-4393 of June 21, 2022, the Directorate General of Income (DGI) establishes the Tax Obligation for all legal entities to update the Single Tax Payer Registry (RUC, in Spanish). Pursuant to Resolution No. 201-4984 of July 12, 2022, the DGI establishes the procedure for registration of legalContinue reading “Single Tax Payer Registry Update (RUC)”