Nuevos retos en materia tributaria

New challenges in tax matters

Article published in the Tax Column of the newspaper La Prensa (November 26, 2017) In Panama, of the 12 taxes of a national nature, only 2 of them expressly do not typify the figure of tax fraud, however, they have, like the other 10, pecuniary sanctions constituted by surcharges and interest for late payment of 

Interview with Carlos Ernesto Gonzalez Ramirez by China Global Television Network

Carlos Ernesto González Ramírez, partner of Morgan & Morgan and expert Commercial and International Law, was interviewed by China Global Television (CGTN) as part of the report made by this news agency in the framework of the visit of public officials and Panamanian businessmen to the People´s Republic of China. “We foresee as lawyers an

Remuneration for holidays or national mourning

By Ricardo Alemán, Partner, Labor Law, Morgan & Morgan Most of holidays and national mourning that are covered by Article 46 of the Labor Code of the Republic of Panama are in November, December and January. In fact, they are considered as such, November 3, 5, 10 and 28; December 8 and 25; and on

enforcement of foreign judgements

Morgan & Morgan contributed in the Enforcement of Foreign Judgments Guide 2018

Partner Jose Carrizo, head of the Litigation and Arbitration practice of the firm, contributed with the Panama chapter of Enforcement of Foreign Judgments Guide 2018, a publication of Law Business Research Ltd.  In this edition participated recognized trial lawyers from 23 countries of America, Europe, Asia and Africa. The complete guide is available here.

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,

80

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