How Is The New Tax Amnesty In Panama


News from Panama

Through Law 208 of 2021, Law 99 of 2019 has been modified, which is related to the Tax Amnesty for the payment of taxes in Panama. On this occasion, it is a Tax Amnesty to which taxpayers, be they natural and legal persons, as well as real estate that owe taxes, fees and special contributions […]

June 29, 2021

The best time to go to Panama


News from Panama

With deserted islands, Indigenous outposts, dense rainforests, cosmopolitan cities and two magnificent coasts to explore, Panama is somewhere to linger. But it pays to go at the right time – Panama lies just 9º north of the equator, buffeted by the trade winds, meaning a tropical drenching often comes with the territory. Activities play a key […]

June 29, 2021

Expats rate Panama living


News from Panama

The Expat Insider 2021 survey ranked Panama as the 19th country out of 59 nations in the world. The survey measures the opinions of expatriates, foreigners residing in the country for work or investment reasons. Regarding their assessment of Panama, the facilities offered by the country to settle, as well as the environment in which […]

June 29, 2021

AMERICAS: PANAMA BUNKER SALES SURGE 18.9% Y-O-Y


News from Panama

Some 460,051 metric tonnes (mt) of marine fuel were sold in Panama last month, an increase of 18.9% on the 386,955 mt registered in May 2020. According to figures released by the Panama Maritime Authority, last month’s total – the highest monthly total since January 2020 – was also 14.3% up on the 402,343 mt […]

June 22, 2021

Vehicles: Sales in Panama Up 20%


News from Panama

Between the first four-month period of 2020 and the same period of 2021, vehicle sales in the local market increased by 20%, a rise that is largely explained by the behavior of marketed units of cars and SUVs. The Office of the General Comptroller of the Republic reported that between April 2020 and the same month of […]

June 22, 2021

Employment dominates public forum for 670MW Panama thermo


News from Panama

Most questions at a public forum as part of environmental permitting for Generadora Gatún’s US$1bn, 670MW natural gas-fired power project in Panama dealt with employment. That is according to the report from the meeting (pictured) that was drafted by consultancy URS Holdings and released by the environment ministry. A total of 167 participants signed the attendance list for the forum which […]

June 22, 2021