tax

Tax Residences

By: Ricardo Cambra La Duke, Lawyer and Partner at CLD Legal. Nowadays, when many countries are announcing an increase in taxes due to the coronavirus pandemic, surely a lot of individuals are or will be looking to do some tax planning by changing their tax residence to somewhere where there is low or no taxation. …

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New Tax Amnesty in Panama

For companies, limited liability companies, private interest foundations and other legal structures that must pay the annual franchise tax, they can also take advantage of this new tax amnesty in order to pay their surcharges and fines, which are due up to February 29, 2020, with an 85% discount on them.