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Cryptocurrencies in Panama: Summary of Opinion No. 5 dated August 24, 2023, issued by the Superintendency of the Securities Market of the Republic of Panama (from now on, the “SMV”).
Due to the importance of the information, we wish to share with our clients the following summary and analysis of Opinion No. 5, dated August 24, 2023, in which SMV provides insights on cryptocurrencies within the Panamanian jurisdiction. Some Context: It's essential...
Relevant Information on the New Tax Law: A Quick Guide to Law 401 of 2023
Extensión de la moratoria tributaria de algunos impuestos, hasta el 30 de diciembre de 2023. La Dirección General de Ingresos (DGI) decidió extender hasta el 30 de diciembre próximo el alcance de las normas establecidas en la recién aprobada Ley 401 del 5 de octubre...
New requeriments accounting records Law 254
Dear client: In the following, you will find important information in relation to the requirements about “accounting records” as per the recently enacted Law 254 of November of 2021, which modifies Law 52 of 2016. Law No. 52 of...
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