Taxation_news
Panama: Regulations applicable to tax deductions from school expenses
Angélica Ortiz, Taxation Department, Morgan & Morgan Law 37 of June 5, 2018, adds line 9 to article 709 of the Fiscal Code, which is related to the annual income tax deductions to which natural persons are entitled, regarding school expenses incurred by the taxpayer with respect to their dependents. Additionally, Executive Decree 368 of
- Published in 2019, Angelica Ortiz, News, Publications, Taxation, Taxation_news, Taxation-es
Morgan & Morgan Forum on Transfer Pricing
Morgan & Morgan, in partnership with Grupo Camacho Internacional (Costa Rica), presented a forum on Transfer Pricing Matters for a distinguished group of clients of the firm with the objective of updating them about important changes on this complex issue, which affects both local and multinationals companies with operations in Panama. The topics were presented
- Published in 2019, Adolfo Campos, amanda_barraza_publi, Angelica Ortiz, Barraza Amanda, Enrique Jimenez, News, Taxation_news
Transfer Pricing Update in Panama
The regulation of Transfer Pricing is one of the mechanisms through which the Directorate General of Revenue (DGI) seeks to avoid the erosion of the tax base. In Panama, it is regulated in the Fiscal Code in its Chapter IX from Article 762-A to 762-Ñ. The obligation on the issue of Transfer Pricing and specifically
- Published in 2018, 2019, Adolfo Campos, Publications, Taxation_news
Morgan & Morgan participated in Seminar on Property Taxes
Panama, November 20, 2018. Adolfo Campos, senior associate and tax specialist, took part as speaker in the Seminar on Property Taxes in Panama-New Law 66 of 2017. During the event the speakers talked about the most relevant aspects of Law 66 of 2017 which will begin to take effect on January 1st, 2019. The activity
- Published in 2018, Adolfo Campos, News, Taxation_news
New Rules for SEM Companies
With the enactment of Law 57 of October 24th, 2018 that modifies Law 41 of 2007, creating a Special Regime for the Establishment and Operation of Multinational Headquarters and the Commission of Multinational Headquarters, new rules applicable to SEM (for its acronym in Spanish) companies are established.
- Published in 2018, Immigration Law_news, News, Taxation_news
Morgan & Morgan presented tax updates
The Tax Team of Morgan & Morgan invited a group of clients to a breakfast-discussion table where the last updates and news on tax issues were presented. In front of a full house, partner Enrique Jimenez, and lawyers Adolfo Campos, Amanda Barraza and Carlos Sinisterra (CPA) talked with clients about the changes and amendments that
- Published in 2018, Adolfo Campos, Barraza Amanda, Enrique Jimenez, News, Taxation_news
The Tax Residence in Panama
By: Amanda Barraza de Wong, Associate, Tax Law With Panama being a jurisdiction whose tax system is based on the Principle of Territoriality, and whose economy revolves around financial, legal and logistic services… what policy should it have with regards to foreign capital? Certainly a policy for attracting direct foreign investment. Capital that provides financing
- Published in 2018, Barraza Amanda, Press Room, Publications, Taxation_news
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
- Published in Barraza Amanda, News, Taxation_news
Attorneys of Morgan & Morgan participated in AmCham conference
Lawyers Kharla Aizpurua O. and Nestor J. Broce from the Legal and Fiduciary Units respectively, participated as speakers at the Law and Tax Committee of the American Chamber of Commerce of Panama (AmCham) to explain the Law 21 of May 10, 2017 that establishes the rules for regulation and supervision of trustees, the trusts business
- Published in Banking and Finance_news, Estate Planning_news, News, Taxation_news
Associates of Morgan & Morgan participated in regional updating program on International Taxation
From February 29 to March 3, 2016, the International Taxation updating program was held in San Jose, Costa Rica, about Panama, Mexico and the Central American region. At said event, attorneys Amanda Barraza de Wong and Adolfo Campos, associates of Morgan & Morgan’s Tax Department, were invited to expose on a perspective of the taxation
- Published in News, Taxation_news