Panama Leaning Toward Double Taxation Treaties Instead of TIEAs

newsnviews2.jpg(Panama-Guide) Panama should define within 15 days the policy the country will follow to defend its international and financial services, which in the past year have been in the sights of the of the Organization for Economic Cooperation and Development (OECD) and the G-20. The options seem to be between agreeing to sign treaties to avoid double taxation, or to sign treaties agreeing to the exchange of fiscal information. Signing these types of treaties would be apart from any changes that might be made to the current existing system of corporations.

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