Panama- Advances in compliance with tax information exchange

In order to progress with the road map in the implementation of the national government’s action plan proactively and decisively in tax transparency and in response to the commitments made internationally before the Global Forum of the Organization for Economic Cooperation and Development (OECD), the Directorate General of Revenue (DGI) of the Ministry of Economy and Finance (MEF) informs that the Government of the Republic of Panama, by Executive Decree No. 343 of July 7, 2020, published the list of reportable jurisdictions for the 2020 reporting year, with respect to information collected during the year 2019 based on the Common Reporting Standard (CRS) for information exchange.

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