Estate Planning
Corporations and Private Interest Foundations are effective structures for estate planning and asset protection, minimization or deferral of tax liability, confidentiality on the transfer of assets, and other similar purposes.
Our firm advises clients on the correct way to channel their investments while providing asset protection for them and their heirs.
Since 2017, the G20 and OECD have collaborated on the IMG or GloBE, aimed at addressing tax base erosion and profit shifting. Pillar One focuses on distributing multinational company profits to where their clientele is located, while Pillar Two proposes a global minimum tax of 15%. In Panama, discussions are underway on implementing the IMG, with efforts to ensure legal security for local and foreign capital companies.