Panama- The DGI and IBI Withholding Agents review regulation

The Ministry of Economy and Finance, through the Department of Revenue, in order to strictly is comply with the content of the law 66 of 17 October 2017, is in constant communication with the withholding agents contemplated that standard. This is to coordinate and make the necessary adjustments in order to adapt the Executive Decree No. 362 of 29 November 2018, which regulates the mechanism of property tax withholding, which include real estate properties and their improvements.

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