Our tax practice has won the trust of a wide range of clients, both individual and corporate, for the quality of the advice that it has produced. ICAZA, GONZALEZ-RUIZ & ALEMAN offers optimal solutions regarding taxes for every type of activity.
We provide tax-sensitive guidance to help clients reach and implement commercial decisions and corporate strategies while incurring minimum tax liabilities.
Our Tax specialists are well-positioned to support foreign clients in establishing new operations in Panama and benefiting from business opportunities and special tax incentives available. We develop tax-efficient mechanisms for entry to the markets, or participation in public and private bids, acquisitions and re-organizations. In this context, we have advised clients involved in different commercial and economic activities, such as banking, shipping, construction, and real estate.
Our team also advises clients regarding Free Trade Zones activities, its benefits and special treatment that these Panamanian fiscal regimes provide. We also complement the services of the Employment and Labor law team, providing advice on employment-related tax implications.
In cases of disputes with the fiscal authorities, our expertise covers the filing of administrative recourses before the Fiscal Administrative Authority and appeals before the Third Chamber of the Supreme Court on behalf of our clients.
For our private clients and their business or personal needs, we have been engaged in providing individual solutions, including tax and estate planning through a range of corporate and other legal vehicles. Our expertise covers tax advice on executives’ employment contracts and support to the Immigration department, assessing and advising on the tax status of foreign executives that come to Panama to work for one of our client’s companies.