Fitch upgrades Panama rating to investment grade


News from Panama

NEW YORK, March 23 (Reuters) – Fitch Ratings upgraded its credit rating for Panama one notch to BBB-minus on Tuesday, becoming the first rating agency to give it coveted investment grade status, citing a sustained improvement in public finances underpinned by tax reforms. The upgrades reflect a sustained improvement in public finances, underpinned by recent tax […]

March 24, 2010

President Obama Signs New Tax Law Affecting Foreign Bank Accounts and More


Uncategorized

Breaking News March 18, 2010 President Obama Signs New Tax Law Affecting Foreign Bank Accounts and More Earlier today President Obama enacted into law the Hiring Incentives to Restore Employment (HIRE) Act.  This new legislation contains a number of provisions which will increase information reporting and enforcement measures with regard to offshore accounts and entities.  Among various provisions […]

March 22, 2010

Pedasi Road Trip, II


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We are enjoying a wonderful San Juan Summer up in the mountains at our home town of Boquete with bluebird skies for most of the month of July. I have spent some quality time with my younger son and we have just returned from a road trip to PEDASI where I am investing some money […]

August 2, 2009