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

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.

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

Morgan & Morgan represented the Panamanian State in an arbitration process derived from a Work Contract related to public roads

Morgan & Morgan represented the Panamanian State on an arbitration lawsuit filed for the alleged non-payment of payments derived from a Work Contract related to public roads. Partner Omar Rodriguez and associate Mayte Sanchez, participated in this transaction.

Two regulations in force for a tax collection al dente

Article published in the Tax Column of the newspaper La Prensa (September 17, 2017) Efficient collection policies also go hand in hand with a reduction in unnecessary public spending, eliminate bad investments by the State, the correct use of public funds and zero tolerance for corruption. Without these elements, the balance of Public Finance is

Morgan & Morgan in Getting The Deal Through: Market Intelligence-Shipping

Jazmina Rovi and Francisco Linares, partners of Morgan & Morgan, contributed to the Panama chapter of the first edition of Getting the Deal Through: Market Intelligence-Shipping, a publication that invites leading professionals in their jurisdictions to conduct a thorough analysis of the evolution and the regulatory scenario of the maritime industry globally. Mrs. Rovi has

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

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.

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