Moderators Moderator_02 Posted December 10, 2016 Moderators Share Posted December 10, 2016 Quote State revenue up 7.5% in 10 months Posted on December 9, 2016 in Panama Post Views: 70 THE PANAMA state coffers received $382 million or 7.5% more in the first 10 months of the year than in the same period of 2015. In total, the state treasury received $5.445 billion against $5.063 billion in 2015. The increase is explained by a 10.8% increase in tax revenues which generated $4,373.2 billion, more than during the previous year. The Directorate General of Revenue said that the improved figures are the result of inspection operations to verify the billing in stores and the implementation of a collection center, among other measures. Meanwhile, non-tax revenues from fees, concessions and contributions received for State participation in public enterprises performed slightly lower. http://www.newsroompanama.com/business/panama-4/state-revenue-7-5-10-months Quote Link to comment Share on other sites More sharing options...
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