Novedades para una reforma del impuesto de bien mueble

News for a reform of the property tax (IBI): a look beyond the rates

Article published in the Tax Column of the newspaper La Prensa (September 3, 2017) The reforms and novelties within the tax system must be based on seeking a fair balance in public finances, without belittling the tax capacity of the taxpayers and seeking peace, which does not exist if there is no justice. To read

Decreto Ejecutivo que crea el requisito de Visa Estampada para ciudadanos de nacionalidad venezolana

Mediante este Decreto Ejecutivo se incluye a la República Bolivariana de Venezuela dentro de los países que requieren Visa Estampada por Cónsul de Panamá para ingresar al territorio nacional Comentarios:  Este Decreto Ejecutivo solo aplica a personas de nacionalidad venezolana. Se designará un funcionario del Servicio Nacional de Migración y un funcionario del Consejo de

Morgan & Morgan advised Hyatt International Inc. with respect to the acquisition of a minority interest in Oasis Luxury Rentals

Morgan & Morgan advised Hyatt International Inc. about serving as special international counsel for them in connection with the acquisition of a minority interest in Oasis Luxury Rentals, a privately owned company based in New York.   Oasis Luxury Rentals Inc., through its online platform, manages portfolios of high-end short-term rentals and a network of private

Key points of the property tax reform (IBI)

Article published in the Tax Column of the newspaper La Prensa (August 20, 2017) The IBI is gaining popularity again and the draft Act 509 (PL) seeks to amend it. After consideration, the conclusion has been reached that it does have a great significance and importance, especially in regard to the reduction of the rate.

Morgan & Morgan participated in forum on labor immigration challenges in Panama

On July 26, 2017, a forum was held in Panama called, “Labor immigration flexibility or restriction, what do we need?” organized by the Panamanian Association of Business Executives. Said forum served as a platform to discuss issues of national interest on legal and practical aspects of work and residence permits for aliens, legalizations and mechanisms

Los cónyuges y los impuestos

Spouses and taxes

Article published in the Tax Column of the newspaper La Prensa (July 30, 2017) Our tax system recognizes the figure of marriage and establishes certain situations of tax exemptions, while in other cases it requires the need to review this condition for the application of aspects and obligations of tax compliance. To read the full

Morgan & Morgan represented a company owner of a property in a civil process seeking rectification of boundaries and measures

Morgan & Morgan represented a company owner of a property with damages on its surface area by the  neighbors, which require judicial action in search of rectification of boundaries and measurements, through the subsequent cancellation of the title of ownership. Partner Anibal Tejeira, and associate Miguel Rodriguez, participated in this process.

Morgan & Morgan represented an oil company in a civil process regarding the possible execution of a judgement issued abroad

Morgan & Morgan acted as Panamanian legal counsel to an international oil company regarding the possible execution of a judgment issued abroad. Partners Jose Carrizo, Omar Rodriguez and Luis Vallarino, and associates Nayubel Rivera and Mayte Sanchez, participated in this process.

Buenos son los impuestos pero no tanto

Taxes are good, but not that much

Article published in the Tax Column of the newspaper La Prensa (July 16, 2017) The success of the administrative procedures in tax matters is not measured by whether it is carried by a lawyer or an authorized public accountant, but by the field of study, expertise and also good mastery of the subject. To read

Morgan & Morgan represented in a civil process filed against a hospital center and intervening doctors

Morgan & Morgan executed a legal action for the claim of medical civil liability filed against a hospital center and intervening doctors, due to a nosocomial bacterium that caused, in the course of a surgical intervention, harm to the client’s health. Partners Jose Carrizo and Luis Vallarino, and associate Nayubel Rivera, participated in this process.