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Italy and Panama aim to sign taxation accord in September after visit with Berlusconi

Tuesday, July 6, 2010

The signing of a double taxation agreement with Italy has been postponed until September, said Panamanian Deputy Economy Minister Frank De Lima.

Italian Prime Minister Silvio Berlusconi was due to sign the agreement on his visit to Panama recently. However, plans were postponed after the agenda became more complicated and time restricted, explained De Lima.
Signing the agreement could have helped Panama move one step closer to moving off the grey list of tax havens drawn up by the OECD.
Original source: Tax Treaties Analysis