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Panama VAT concessions for COVID-19 crisis

  • Apr 20, 2020 | Richard Asquith

The Panamanian government has announced plans to delay filings and payments of Value Added Tax in light of the coronavirus epidemic.

All federal taxes have been postponed for 120 days during the official national emergency. VAT filings for March to May are now delayed until 15 July 2020.  Remittances of VAT are postponed until the same date.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
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