Our latest newsletter brought to you by our Legal Services-specialized unit: BDO Legal
After analyzing the particular considerations of this measure, the SBP has issued this resolution with the objective of establishing a temporary extension in the periodicity of the risk rating updates established in Agreement No. 2-2010, which dictates the measures on banking risk rating.
Join BDO’s international Transfer Pricing Partners at our complimentary global webinar on Tuesday 5 may from 2 pm to 3 pm. They will share practical insights on key transfer pricing considerations during the COVID-19 crisis.
Executive Decree No. 95 of April 2020 have established an extension period for the temporary suspension of the labor contracts effects and issued other provisions related with Executive Decree 81 of March, 2020.
As a result of the State of National Emergency in Panama, consequently of COVID 19, a legislative initiative was promoted in order to extend the Tax Amnesty approved through Law No. 99 of 2019. Such extension was approved through Law No. 134 of 2020.
On this opportunity we discuss the two Bills with the most popular proposals approved by the the Legislative Branch, which are currently pending to be sanctioned by the President of the Republic of Panama.
BDO Panama brings you this newsletter compiling the latest labor resolutions, acts and executive decrees that have governed the Panamanian territory as a result of the COVID-19 pandemic.