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.  

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

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

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

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

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

Morgan & Morgan associate elected as Treasurer of AmCham

Mrs. Amanda Barraza de Wong, Associate of the Tax Department of Morgan & Morgan, was formally elected as Treasurer of the Board of Directors of the American Chamber of Commerce and Industry of Panama (AmCham) for the 2016-2017 period. Mr. Barraza de Wong is a very business oriented attorney with strong experience advising clients on

Morgan & Morgan lawyers participate on Law and Tax Forum by Amcham

Attorneys Carlos Ernesto Gonzalez Ramirez, Ana Cristina Castrellon and Amanda Barraza de Wong, partner and associates of Morgan & Morgan, respectively, took part in the Law and Tax Forum, “Competitive Advantages of Panama to create Added Value: Opportunities and Challenges of the main Special Laws”. The event, organized by the American Chamber of Commerce and

Morgan & Morgan lawyers participate on Law and Tax Forum by Amcham

Attorneys Carlos Ernesto Gonzalez Ramirez, Ana Cristina Castrellon and Amanda Barraza de Wong, partner and associates of Morgan & Morgan, respectively, took part in the Law and Tax Forum, “Competitive Advantages of Panama to create Added Value: Opportunities and Challenges of the main Special Laws”. The event, organized by the American Chamber of Commerce and

Morgan & Morgan gives speech at AmCham’s Taxation and Legislation Committee

On August 13, 2014, the Taxation and Legislation Committee of the American Chamber of Commerce of Panama (AmCham) held a meeting where Mr. Francisco Arias G., partner of Morgan & Morgan, talked about the “Real Estate Investment Company”. Distinguished professionals from the real estate and audit fields were in the audience, such as KPMG, BDO,