Panama Leaves Russia's Discriminatory List re Sharing of Tax Information

[Moderator_02]

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Panama Leaves Russia's Discriminatory List

The Central American country was excluded from Russia's list of nations that do not exchange information for tax purposes, on which it had been on since 2016.

Tuesday, January 28, 2020

The confirmation announcement was made by Russian Deputy Foreign Minister Sergei Riabkov during the presentation of the credentials of Panama's new ambassador to the Russian Federation, Efrain Villarreal, reported the Panamanian Foreign Ministry.

The official statement said that "... This is a follow-up to the actions within the framework of the Panama Mission plan, which is being executed by the Ministry of Foreign Affairs, in order to improve the reputation of our country at the international level, bringing it back up to the highest international standards to consolidate Panama as the most important financial center in the region."

This list came into effect on January 1, 2020, according to a statement issued on January 27.

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

[BD]

Who even knew Russia kept such a list? More important - who cares about Russia? And finally, why would any legitimate country share tax data with Russia? 

Guess I am full of questions today. Oh well. Buen día.