Happy birthday, Panama

Article published in the Tax Column of the newspaper La Prensa (November 5, 2017) Panama grows and evolves in the face of the challenges of the globalized world. However, we must not lose our essence as a country dedicated to world service and commerce. Accepting all the inexplicable international demands in the world of taxation,

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Morgan & Morgan advised Grupo Codere with respect to the process of acquiring a casino license in Panama

Morgan & Morgan acted as Panamanian counsel to Grupo Codere, with respect to the process of acquiring a license for the administration and operation of a casino in the Aloft Hotel, located in Panama City. Grupo Codere is a Spanish multinational corporation in the private gambling sector with a presence in Panama. Inocencio Galindo, partner,

Morgan & Morgan featured in The Arbitration Review of the Americas 2018

Jose Carrizo, partner head of the Litigation and Arbitration practice group of the firm, contributed with the Panama chapter of The Arbitration Review of the Americas 2018, a publication that summarizes relevant issues that help general counsel, arbitrators and private practitioners to avoid the pitfalls and seize the opportunities of international arbitration. Jose Carrizo, an

Tax fraud in property tax

Article published in the Tax Column of the newspaper La Prensa (October 29, 2017) The popular but sometimes very little-known property tax (IBI, by its initials in Spanish) has a number of regulations that the owner must observe carefully, as it may affect what is perhaps his/her most important asset: his/her home. In addition to

Morgan & Morgan Associate participated as a speaker in Accounting and Taxation Congress

Amanda Barraza de Wong, associate of Morgan & Morgan, participated as speaker in the Annual Congress of Accounting and Taxation (CACOTYF-Panama 2017), held on October 3 and 4 in Panama City. Morgan & Morgan was also a sponsor of this event which brought together professionals from diverse areas who engage into a great number of

Citizens of the People’s Republic of China will require a Stamped Visa to enter in Panamanian territory

By means of the Executive Decree No. 552 of October 16th, 2017, the People’s Republic of China is included within the countries that require Stamped Visa issued by Panamanian Consulate, to enter the national territory. Comments: • This Executive Decree only applies to nationals of the People’s Republic of China. • Officials from the National

Goals, passion and taxes

Article published in the Tax Column of the newspaper La Prensa (October 15, 2017) Tax incentives cannot be eternal, they are created to promote a specific area of commerce or human activity for a time; this should happen with sports too. We need to wake up and appreciate the progress, creating public policies aimed at

Morgan & Morgan represented an energy generation company in an arbitration process derived from an EPC Contract

Morgan & Morgan represented a major power generation company in a multi-million dollar arbitration lawsuit in which alleged damages were allegedly caused by the breach of an EPC Contract, where our client had counterclaims. Partner Jose Carrizo, and associates Mayte Sanchez and Nayubel Rivera, participated in this process.

Senior Partner of Morgan & Morgan received recognition from the Superintendency of Banks of Panama

Dr. Eduardo Ferrer, Senior Partner of Morgan & Morgan, received from the Board of Directors of the Superintendency of Banks of Panama (SBP for its initials in Spanish) a plaque of recognition in virtue of his legacy, commitment and permanent contribution to the development and strengthening of the banking regulation, in favor of the stability,

Los derechos de los contribuyentes

The rights of taxpayers

Article published in the Tax Column of the newspaper La Prensa (October 1, 2017) It is necessary for our country to legislate about alternative means of conflict resolution in tax matters. Mediation, conciliation and arbitration in tax matters would help to resolve to a large extent the existing fiscal conflict in our country in the