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Panama to sign five tax agreements by October in effort to join white list

Tuesday, August 17, 2010

In an effort to join the countries that make up the Organisation for Economic Co-operation and Development’s (OECD) “white list”, Panama is continuing its mission to dissociate itself from its status as a tax haven.

The government plans to sign a total of five double taxation agreements between now and October this year.

The Ministry of Economy and Finance announced that Vice President and Foreign Minister Juan Carlos Varela is on a tour of Europe to sign the five treaties with Italy, Spain, France, Portugal, and Luxembourg.

Original source: BNA International