Due Diligence: A challenge for the real estate sector of the Republic of Panama

Growth of the real estate industry in Panama in recent years is noticeable, not just locally but at a regional level as well. Iconic architectural works such as the Trump Tower, F&F Tower (popularly called the “Screw”) among others, attracts positive criticism from different actors in the business and associations in the construction, development and

Eduardo Morgan Jr. recibe reconocimiento de la Universidad de Panamá

El Dr. Eduardo Morgan Jr., socio fundador de Morgan & Morgan, recibió del Curatorium del Decanato de Derecho y Ciencias Políticas de la Universidad de Panamá la condecoración «Dr. Eloy Benedetti».  Esta distinción fue en honor a su exitosa trayectoria pública, así como por su constante defensa de Panamá como plataforma de servicios internacionales. El

Taxation Newsletter Vol.3

We are pleased to share with the Volume No. 3 of the newsletter of the Tax Department of Morgan & Morgan. For further information do not hesitate to contact us at [email protected] [st_button text_color=»#ffffff» link=»https://morimor.com/wp-content/uploads/Plan/boletin_N3_tax.pdf» background=»#094933″ size=»btn» target=»_blank» icon=»arrow-circle-down»]Download[/st_button]Nos complace compartir con ustedes el Volumen No. 3 del boletín informativo del Departamento Fiscal de Morgan

The Shipping Law Review, Panama Chapter

Reproduced with permission from Law Business Research Ltd. This article was first published in The Shipping Law Review – Edition 1 (published in July 2014 – editors James Gosling and Rebecca Warder). View the complete Panama Chapter (pdf con el artículo) [sexybutton size=»medium» color=»green» target=»_blank» url=»https://morimor.com/wp-content/uploads/2014/09/Panama.pdf» icon=»noicon»]View the complete Panama Chapter[/sexybutton]

SMART Funds as an estate and tax planning tool

Alvaro E. Tomas, Director of Operations, MMG Trust (Panamá), S.A. The remarkable growth of the Brazilian economy in the past years, its leading global industries and worlddemand for products such as meat and commodities, have created a new generation of wealthy Brazilian families. These families, unlike more traditional ones, are looking for global solutions to

Applicability of Tax Benefits in Panama requires a prior notice.

As of today, Panama has entered into numerous Tax Treaties to avoid Double Taxation.  Taxpayers should notify the tax authority the intention to enjoy any of the benefits established by means of a formal petition. Failing to do so my cause the total loss of the benefit and possibly to consider such action as a

Real Estate Trust in Israel

By Alon Kaplan, Managing Partner of Alon Kaplan Law Firm and Chairman of MMG Kaplex Trust Company (1978) Ltd., members of the International Network of the Morgan & Morgan Group Many investors who buy real estate in Israel wish to maintain their privacy. Real estate is registered in a public registrar –the «Tabu” – which

British Virgin Islands (“BVI”) VISTA Trust

By Thalia Myers, In-House Legal Counsel at MMG Trust (BVI) Corp. and Morgan & Morgan Barristers & Solicitors, British Virgin Islands Introduction Although trust has always been regarded as one of the best succession vehicles, it has never been attractive for the succession of shares in companies because of a rule of English trust law,

Belize International Foundations

By Rishi Alain Mungal, Legal Counsel for Morgan & Morgan Trust Corporation (Belize) Ltd. Belize is an English Commonwealth territory located within mainland Central America. The legal system is based on English law and the country has an independent Parliament which creates domestic legislation. The International Foundations Act of 2010 is the relevant legislation that

Tax in Panama (The Inward Investment and Taxation Review)

This article was first published in The Inward Investment and International Review, 2nd Edition, January 2012.  Reproduced with permission from Law Business Research Ltd. View full article (PDF)  This article was first published in The Inward Investment and International Review, 2nd Edition, January 2012.  Reproduced with permission from Law Business Research Ltd. View full article