This regime is a replica of the Multinational Headquarters regime, better known as SEM, providing the same benefits, and requesting the same requirements. However, the EMMA regime, as its name indicates, is focused on manufacturing services.Download the full article here
Regulates the Public-Private Partnership Regime for the development of incentives for private and social investment and job creation. By Executive Decree No.840 of December 31, 2020, Law 93 of 2019 is regulated, which has, among its objectives, to promote the development of projects under the...
The following article of opinion, related to a ruling issued by the Supreme Court of Justice on admission, considers:CSJ (according to its English acronym) dictates precedent on the tax amortization of intangible assets under Article 60 of the Income Tax RegulationsCSJ considered that the...
Recently, the National Assembly proposed Bill No. 203 dated October 22, 2020, which aims to implement the regulation of the use of virtual currencies or cryptocurrencies within the Panamanian legal framework.
How business leaders in the Americas are turning crisis into opportunity.
Global Tax Outlook 2020 - An interview with Robert Aziz, Global Head of Tax, on the role that tax has played as a response to the COVID-19 crisis and on the highlights from the research.
Law 160 of September 1, 2020 was enacted through Official Gazette No. 29104 of September 2, 2010. By means of this law, the Legislative Assembly extended the period of tax amnesty established in Law No. 99 of October 11, 2019, now until December 31, 2020.
In view of the health measures dictated by the National Government for the New Normal path, the Department of Employment and Labor Development has issued Resolution N°DM 199 of July 15, 2020 which modifies Resolution No. DM-163-2020 of 18 June 2020,
The COVID-19 pandemic has forced governments to enact isolation and quarantine measures which in turn have severely impacted the national economy, both businesses, industries and individuals.