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US-Panama tax accord to be postponed for a year

Thursday, September 24, 2015

The implementation of the intergovernmental agreement between Panama and the United States on tax compliance relating to bank accounts (Fatca) will be postponed for a year.

Yesterday the decision was communicated to Banking Association of Panama President Jaime Moreno through a letter signed by Minister of Economy and Finance Dulcidio De La Guardia.

Source: La Prensa