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Latest Treaty Updates: Panama

Japan - Panama


On August 25, 2016, Japan signed a TIEA with Panama.

Japan - Panama


On August 25, 2016, Japan and Panama signed a TIEA.

Japan - Panama


Japan's Ministry of Finance on May 23, 2016, announced that it had agreed a TIEA in principle with Panama.

Panama - Belgium


Panama and Belgium agreed to resume negotiations towards a DTA at a meeting on August 26, 2015.

Finland - Panama


According to preliminary media reports, the TIEA signed between Finland and Panama entered into force on December 20, 2013.

Panama - United Kingdom


The DTA signed between Panama and the United Kingdom was forwarded to Panama's National Assembly for its approval on September 3, 2013.

Panama - United Kingdom


Panama and the United Kingdom signed a DTA on July 29, 2013.

Panama - Various


The Panama Government announced on April 4, 2013, that the nation will soon launch negotiations with Austria and Vietnam towards new double tax agreements.

Panama - United Kingdom


Panama and the United Kingdom have agreed to the signing of a DTA in May 2013, Panama's ambassador to Britain, Ana Irene Delgado has announced.

Panama - Canada


Panama and Canada signed a TIEA on March 17, 2013.

Panama - Czech Republic


According to preliminary media reports, Panama has completed its domestic ratification procedures in respect of the DTA the nation signed with the Czech Republic, publishing a notice in its Official Gazette on February 21, 2013.

Panama - Various


Panama's National Assembly, during a plenary meeting on February 4, 2013, approved the DTA and an accompanying Protocol signed between Panama and Israel on November 8, 2012, and a DTA and an accompanying Protocol signed with the UAE on October 13, 2012.

Czech Republic - Panama


According to preliminary media reports, Czech Republic ratified the DTA with Panama on December 20, 2012.

Panama - Various


According to preliminary media reports, two Bills that would ratify Panama's DTAs with the United Arab Emirates and Israel were sent to Panama's National Assembly on December 26, 2012.

Panama - Various


Panama's Cabinet on December 26, 2012, approved the DTAs the nation has signed with the United Arab Emirates and Israel.

Panama - Various


Panama signed TIEAs with the Nordic group of countries, which includes Sweden, Denmark, Norway, Finland, Iceland, Greenland and the Faroe Islands, on November 12, 2012.

Panama - Israel


Panama and Israel signed a DTA on November 8, 2012.

Panama - United Arab Emirates


Panama and the United Arab Emirates signed a DTA on October 14, 2012.

Panama - Ireland


Panama's National Assembly on September 19, 2012, endorsed the DTA signed between Ireland and Panama on November 22, 2011.

Panama - Ireland


Panama's Foreign Relations Committee on August 14, 2012, approved the DTA signed between Panama and Ireland as part of the nation's domestic ratification procedures.

Panama - Czech Republic


Panama's Cabinet has ratified the DTA the between Panama and the Czech Republic, with a notification of the completion of ratification procedures published the Official Gazette on July 25, 2012.

Panama - Czech Republic


Panama's Ministry of Foreign Affairs has confirmed that a DTA between Panama and the Czech Republic was signed on July 4, 2012.

Panama - Korea, South


According to South Korea's National Tax Service, the DTA between Panama and South Korea entered into force on April 1, 2012.

Canada - Panama


According to the Canadian Department for Finance, Panama and Canada initiated negotiations towards a TIEA on March 27, 2012.

Ireland - Panama


Ireland's Attorney General on February 9, 2012, published the text of the DTA signed between Ireland and Panama on January 24, 2012.

France - Panama


France has ratified the pending DTA signed between France and Panama on June 30, 2011, publishing it in its Official Gazette on February 4, 2012.

Panama - Various


The Panamanian government announced on January 12, 2012, it will commence negotiations with Germany, Hungary and the United Arab Emirates during the first quarter of the year towards the conclusion of TIEAs.

Portugal - Panama


Portugal's Council of Ministers approved a draft resolution on January 12, 2012, endorsing the DTA between Portugal and Panama.

Singapore - Panama


The pending DTA between Singapore and Panama entered into force on December 19, 2011, and will be effective from January 1, 2012.

Singapore - Panama


According to the Inland Revenue Authority of Singapore, the DTA signed between Singapore and Panama entered into force on December 19, 2011.

France - Panama


According to preliminary media reports, the pending DTA and accompanying protocol between France and Panama was approved by the French government on November 30, 2011, and forwarded to the National Assembly for ratification.

Panama - United Kingdom


According to the Panamanian government, officials from the United Kingdom and Panama agreed to commence negotiations towards the signing of a DTA at meetings on November 16, 2011.

Panama - Netherlands


According to preliminary media reports, the DTA signed between the Netherlands and Panama on October 6, 2010, will enter into force on December 1, 2011.

Panama - France


Panama's National Assembly approved on third reading on October 6, 2011, a law to ratify the pending DTA between France and Panama.

Spain - Panama


According to preliminary media reports, a TIEA between Panama and Spain was signed on September 26, 2011.

Israel - Panama


The Israeli Ministry of Finance announced on August 14, 2011 the initialling of a DTA with Panama. The includes exchange of information provisions to the OECD standard.

Israel - Panama


The governments of Panama and Israel have launched the second round of negotiations towards a DTA, the Panamanian Ministry of Finance confirmed on July 25, 2011.

Panama - Israel


Israel and Panama will hold the second round of negotiations towards the signing of a Double Tax Agreement before the end of July, the Panamanian government confirmed on July 5, 2011.

Panama - Spain


According to media reports, the DTA between Panama and Spain will enter into force on July 25, 2011. The DTA was signed on October 7, 2010, and will amend dividend, interest and withholding tax rates.

Panama - France


According to the Panamanian government, a comprehensive Double Tax Agreement, containing OECD model provisions for the exchange of tax information, was signed on June 30, 2011, between France and Panama.

Spain - Panama


Spain ratified

Treaty Updates by Territory

Latest News

Austrian Auditors Slam Group Tax Failings

In its latest report, the Austrian Court of Auditors has warned of a number of significant shortcomings in the country's group tax regime.

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French Senate Backs Oman DTA Protocol

The French Senate has recently adopted a bill authorizing the approval of a protocol to the bilateral agreement between France and Oman aimed at avoiding double taxation.

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Panama Approves Israeli, UAE Double Tax Pacts

Panama's National Assembly has approved two new double tax conventions signed with Israel, and with the United Arab Emirates.

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Panama Plans More TIEAs

Panama's Minister for the Economy and Finance, Frank De Lima has confirmed the government will continue to seek out tax information exchange agreements with other nations despite having reached the twelve agreement quota set for inclusion on the Organisation for Economic Cooperation and Development's white list.

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French Lawmakers' Green Light To Panama DTA

Safeguarding the interests of businesses in France, the French National Assembly has definitively adopted a highly controversial bilateral tax agreement between France and Panama.

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Singapore-Panama DTA Enters Into Force

The double taxation agreement between Singapore and Panama, which was signed on October 18, 2010, entered into force on December 19 this year.

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Israel Boosts Tax Treaty Network

The Israeli government has announced that double tax avoidance treaties have been signed and initialled with Malta and Panama respectively.

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Latin American States Expand Treaty Networks

Panama and Costa Rica have expanded their tax treaty networks, with the former signing a new double tax agreement, and the latter inking seven tax information exchange agreements.

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Portugal Begins New DTA Negotiations

The Portuguese government is seeking to expand its tax treaty network, beginning negotiations with three new countries over the last month: Peru, Gabon and Senegal.

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Luxembourg Approves Multiple Tax Treaties

During a recent meeting, Luxembourg’s governing council adopted the bill providing for the approval of bilateral tax agreements with Barbados and Panama, as well as for the approval of amendments to multiple existing bilateral tax treaties.

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Panama, Korea Sign Tax Agreement

President of Panama, Ricardo Martinelli and his counterpart Lee Myung-bak have witnessed the signing of a double taxation agreement between the two countries.

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Singapore, Panama Sign DTA

Singapore’s Minister for Foreign Affairs, George Yeo, and Panama’s Vice President and Foreign Minister, Juan Carlos Varela, have signed a bilateral agreement for the avoidance of double taxation between their respective countries.

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Panama Signs European Tax Agreements

The vice-president and minister of foreign affairs of the Republic of Panama, Juan Carlos Varela, has visited Luxembourg, the Netherlands and Spain to sign double taxation agreements.

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Panama Faces Up To OECD Test

The Global Forum on Transparency and Exchange of Information for Tax Purposes criticized Panama in its phase one peer review covering the legal and regulatory framework.

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Panama, Qatar Sign Double Taxation Treaty

The president of Panama, Ricardo Martinelli Berrocal, accompanied by the vice-president, Juan Carlos Varela, met with the Emir of Qatar, Sheikh Hamad Bin Khalifa Al-Thani, at the United Nations Building in New York to sign a double taxation treaty between Panama and Qatar.

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Panama, Cyprus Discuss Tax Agreement

Panama’s President, Ricardo Martinelli met with his Cypriot counterpart, Demetris Christofias on September 22, to discuss improving economic cooperation, including through the signing of a convention for the avoidance of double taxation and fiscal evasion.

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Panama Expands Tax Agreement Network

Panamanian Vice President and Foreign Minister Juan Carlos Varela has flown to Europe to sign double taxation treaties with Portugal, Italy, Spain, France, and Luxembourg.

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Panama Pushes For White List Placement

Panama’s Deputy Economy Minister, Frank De Lima has said that by the beginning of 2011 Panama should be placed on the OECD's white list of territories that have substantially implemented the internationally agreed standard for transparency and tax information exchange through the signing of comprehensive Double Tax Agreements.

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Panama Ratifies Barbados Tax Agreement

The Panamanian government announced the ratification of three cooperation agreements on August 10.

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South Korea Looks For FTAs In Central America

South Korea’s President, Lee Myung-bak, has held recent meetings with the leaders of Panama and the other countries in the Central American Integration System, Colombia and Mexico, and has attempted, with each, to progress discussions on bilateral free trade agreements.

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Panama To Sign DTA With Luxembourg

The Panamanian government has finalized negotiations in Luxembourg ahead of the signing of a treaty to avoid double taxation between the two countries, announced deputy economy minister, Frank De Lima, who led the negotiating team for Panama.

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Panama, Barbados Initial DTA

Meeting to discuss enhancing bilateral relations, Panama’s Vice President, Juan Carlos Varela and George Hutson, Barbados’s Minister of International Business, initialed the text of a convention for the avoidance of double taxation and fiscal evasion with respect to taxes on income between the two countries.

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Panama, Singapore Begin Tax Treaty Talks

The government of Singapore has confirmed to the Panamanian Ministry of Finance that it will begin negotiations for the signing of a comprehensive double taxation agreement. The agreement will include provisions for the exchange of tax information on request.

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Chile Plans More Tax Agreements

Chilean finance minister, Felipe Larraín, has announced that the government had begun negotiation of Tax Information Exchange Agreements with a series of low-tax jurisdictions as a way of combating tax evasion.

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Panama, Japan Agree DTA

Panama and Japan have agreed to begin negotiations towards the signing of a Double Tax Agreement, according to a statement from the Panama government.

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