Becoming a Permanent Resident in Panama through Investment
11/08/2022LATIN LAWYER 250
26/08/2022The Treasury Department of the Panama City Mayor’s Office announces a 100% Exemption from Penalties and Interest from August 15 to November 30, 2022, for all individuals who have submitted all Tax Declarations and do not have an Active Payment Agreement.
Individuals or entities that have established businesses or companies and have failed to communicate this, as provided in Chapter III, Article 5 of Tax Agreement No. 40, will not be eligible for this exemption.