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Property Tax Moratorium and Amnesty for 2019


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Law 79 of 2019.
 
The government of Panama has granted a moratorium period for the payment of real estate taxes. 
 
As per this Law, until June 30 of 2019 the tax payers will have you have the opportunity to pay the property taxes without interest, neither surcharges, fines.
 
The law also establish a period to pay without the interest, charges, or fines sums corresponding to Social security  fees. 
 
Remember: This moratorium will be valid until June 30 of 2019. Do not miss the opportunity to review the tax status of your properties.
 
For more information of this tax law, and evaluation of your taxes, do not hesitate to contact Miranda & Contreras.
Lourdes Miranda: miranda@lawandrealty.net
Juan Contreras: contreras@lawandrealty.net 
 
We have staff to work with the main tax office in Panama City and also in Chiriquí, what best suits your needs.
 
 
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Ley 79 de 2019.
 
 
El gobierno de Panamá ha otorgado un período de moratoria para el pago de impuestos sobre bienes inmuebles.
 
Conforme a esta Ley, hasta el 30 de Junio de 2019 usted tendrá la oportunidad de pagar los impuestos de inmueble sin intereses, ni recargos.
 
La ley también establece un período para pagar cuotas de seguro social sin intereses. 
 
Recuerde: esta moratoria será válida hasta el 30 de Junio de 2019. Aproveche la oportunidad para revisar el estado de los impuestos de su propiedad.
 
Para más información, evaluación de sus impuestos no dude en contactar a Miranda & Contreras.
Lourdes Miranda: miranda@lawandrealty.net
Juan Contreras: contreras@lawandrealty.net
 
Con oficinas en Boquete y ciudad de Panamá.

 

 
Un cordial saludo,  /  Best regards,
 
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Juan Gabriel Contreras Sánchez
Attorney at Law and Licenced Realtor / Abogado y Corredor de Bienes Raíces.

Boquete: Don Vidal Building, second floor, Office #1, Boquete, Chiriquí, Panamá. 
Panama: Trump Ocean Club, second floor, office wing, Punta Pacifica.
Tel: (507) 730-9113; Cel: (507) 6611-9678
Skype: contreraslawyer; 
www.lawandrealty.net
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Quote

Tax Amnesty Approved in Panama

For interest, penalties or surcharges to be 100% forgiven, taxpayers will have until November 30, 2019 to pay their overdue taxes.

Friday, September 27, 2019

On September 26, the National Assembly approved Bill 78 of 2019, which aims to exonerate from interest, surcharges and fines of taxes that are delinquent and owed by taxpayers.

The Assembly's statement explains that "... It is important to note that the tax amnesty period is granted until February 29, 2020, subject to the following conditions: if payment is made in October and November 2019, 100% of all interest, surcharges and fines will be waived; if payment is made in December 2019, 95% will be waived.
If it takes place in January 2020, 90% will be waived and for those who make it effective in February 2020, 85% of all interest, surcharges and fines will be waived.
 
By means of the regulations, it is intended to regularize natural and legal persons in arrears, many of whom were affected in recent years as a result of the economic recession.
"

 

https://www.centralamericadata.com/en/article/main/Tax_Amnesty_Approved_in_Panama

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  • Moderator_02 changed the title to Property Tax Moratorium and Amnesty for 2019

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