A resolution was published in Panama’s official gazette in September 2015 replacing and “repealing” an August 2015 resolution, concerning how taxpayers may seek a ruling from the tax authorities as to whether benefits under income tax treaties for the avoidance of double taxation apply to the taxpayer’s specific transaction or situation.
Resolution No. 201-15144 generally revises the process for taxpayers seeking a ruling concerning the application of tax treaty benefits to their transactions or situations.
Read an[PDF 511 KB] [PDF 476 KB] prepared by the KPMG member firm in Panama: Application of benefits of conventions to avoid international double taxation
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