Panama to Negotiate New Double Taxation Treaties

Before April 2012 the country will negotiate double taxation agreements with the UAE and Hungary.

Tuesday, January 3, 2012

The announcement was made by the Minister of Economy and Finance, Frank de Lima, during the opening of the new ordinary session of the Legislature.

"The head of the Ministry of Economy and Finance stressed the importance of the ratification by the French legislature of the double taxation agreement with Panama signed last December and its departure from the "gray list " collated by the Organization for Economic Cooperation and Development (OECD). He said that the move by France means that later this month, when France makes its list of countries with uncooperative tax policies, Panama should be left out of this category", reported Prensa.com.

Market Intelligence

Everything about exports and imports in Panama.

Top companies - Quantities, amounts and prices.

more info

More on this topic

Panama To Negotiate Tax Agreement with UK

November 2011

Both countries have agreed to start meetings in Panama, in order to sign a Double Taxation Treaty.

A press release from Panama’s Ministry of Economy and Finance states:

Following a visit by the Minister of Economy and Finance, Frank De Lima, to Britain, and also his meeting with David Hartnett of HM Revenue and Customs, both officials have agreed to start meetings in Panama, with the view to signing a Double Taxation Treaty .

Panama Signs Tax Agreement with U.S.

November 2010

On November 30th Panama will sign a tax agreement with the United States.

The signing is part of a strategy by the country to exclude Panama from the grey-list created by the Organization for Economic Cooperation and Development (OECD), informed the minister of Economy and Finance, Frank De Lima.

Panama and Qatar Ink Tax Agreement

May 2010

This is the latest double taxation agreement signed by Panama; it has recently done the same with Belgium, Italy, Holland, Barbados, Spain and Mexico.

Economy Minister Frank de Lima stated that in May they will negotiate two additional agreements with France and Luxembourg.

Panama Negotiates Double Taxation Agreement with Mexico

November 2009

Both countries will begin negotiations for a double taxation agreement on November 11th.

Panama's economy vice minister, Frank de Lima, who leads the negotiating team, has also contacted France, Germany, Australia, Japan, Holland, Switzerland, Norway, Island, Lichtenstein and England in order to negotiate double taxation agreements.

 close (x)

Receive more news about Banking

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Company Division for Sale

We are a Logistics Provider in San Jose, Costa Rica with a wide range of services within the Logistics arena.
We're interested to sell one of our divisions, with good...

Stock Indexes

(Apr 17)
Dow Jones
-0.10%
S&P 500
0.14%
Nasdaq
0.23%

Commodities

(Apr 17)
Brent Crude Oil
109.16
Coffee "C"
204.1
Gold
1,294
Silver
19.596