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Colombia warns placing Panama in fiscal haven list

Thursday, June 19, 2014

 

Colombia said it would place Panama in a tax haven list if it fails to sign an information exchange accord by September this year.

But Panamanian business and union leaders said Colombia has no right to decide with which countries to sign that type of agreement.

Panama's Finance Minister Frank de Lima said the current government will not sign a fiscal accord with Colombia, and even less so under pressure.

Full story (in Spanish)