Giving In To The OECD Would Not Benefit Panama
(Panama-Guide) By EDITH CASTILLO DUARTE for La Prensa - The signing of treaties regarding the exchange of information, unlike treaties on taxation and import tariffs, would be detrimental to Panama, because in the opinion of the President of the Chamber of Commerce, Aldolfo Linares, the country would be committing to an agreement that does provide any benefit. "We, for having a territorial taxation system, do not require information from abroad, he said, with respect to the intentions of the government to sign an agreement with the countries of the OCDE, this kind of an agreement to avoid being classified as a "tax haven."
