What impact has the new Law 12-2012 had?
Panama
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Interviews & Viewpoints | OBG talks to Dino Mon, Director, MAPFRE-Panama from The Report: Panama 2014
Interviews & Viewpoints | OBG talks to Rubens Amaral Jr, CEO, Banco Latinoamericano de Comercio Exterior from The Report: Panama 2014
Interviews & Viewpoints | OBG talks to Augusto Restrepo, Vice-President, Bancolombia from The Report: Panama 2014
Interviews & Viewpoints | Francisco González-Ruiz, Partner, Icaza, González-Ruiz & Alemán, on Panama’s evolving legal landscape from The Report: Panama 2014
Panama’s territory of 75,420 sq km is a comparatively small area of land, with a population of a little under 4m people. However, the country has experienced and contributed to key events that have and will continue to shape global trade. Just 24 years ago Panama began a period of intense change, following the end of the authoritarian regime...
Interviews & Viewpoints | OBG talks to Raúl Alemán, General Manager, Banco General from The Report: Panama 2014
Interviews & Viewpoints | Carlos Karamañites, Partner, KPMG Panama, on tax developments from The Report: Panama 2014
The government has been very active in the tax arena, proposing more than 10 tax bills between 2009 and 2013. These tax reforms and amendments have covered direct and indirect taxation. Corporate tax rates were reduced, while indirect taxes have been increased. Still, Panama has one of the lowest value-added tax rates in the region (7%). Tax...