Taxation

La República de Panamá aprobó la Ley 526 de 2026 (“Ley 526”), la cual introduce requisitos de sustancia económica para determinadas entidades panameñas que formen parte de grupos multinacionales y obtengan rentas pasivas de fuente extranjera. Ley 526 entrará en vigor a partir del período fiscal 2027 y se espera que su reglamentación sea prontamente emitida por el Órgano Ejecutivo.

Please be advised that the Panamanian Tax Authority (Dirección General de Ingresos – DGI) has recently implemented the application of the sanction identified as “318 – Tax Penalty” in the amount of USD 500.00 with respect to corporations that did not formally complete the Taxpayer Registry (Registro Único de Contribuyentes – RUC) update procedure, a filing that must be carried out before the corresponding tax authority.

The global minimum tax, led by the OECD and G20, reshapes international corporate taxation. With its Two-Pillar Solution, it addresses profit shifting, strengthens transparency, and sets a 15% minimum corporate rate worldwide.

Panama celebrates a milestone achievement: the country is officially off the EU’s grey list and the FATF grey list, thanks to strong legal reforms, public-private cooperation, and technological advances. Learn why this matters for the nation’s economy and international trust.

The Municipality of Panama has approved a groundbreaking agreement enabling the payment of municipal taxes and fees using cryptocurrencies. Find out how the process works, its main advantages, and the role of Towerbank in this innovative initiative.