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Panama adds to tax list of Organization of Economic Co-operation and Development

Tuesday, October 26, 2010


South Korea and Panama signed a double taxation agreement on Oct 20 in Seoul.

This brings the total number of treaties signed by Panama to nine – it requires 12 to be removed from the Organization of Economic Co-operation and Development’s grey list.

President Ricardo Martinelli also announced that Panama would begin negotiations with South Korea regarding a free trade agreement.

Original source: Tax Treaties Analysis