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All Posts in Category: Tax

Panama-New-Property-Tax-Everything-You-Need-to-Know

Panama Property Tax: Everything You Need to Know

By

Kent Davis

Posted in Law, Tax On January 14, 2019

A new year is a great time for new changes. Whether you’re mixing up your office routine or trying out a new hobby, January is synonymous with trying new things. The most relevant change we seen in Panama as we rolled into 2019 is the new property tax reform. As of, Jan 1, there are…

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The Lowdown on New Property Tax Rates in Panama

By

Kent Davis

Posted in Tax, The Panama Real Estate Market On March 9, 2018

Following on the announcement back in October, President Varela has now signed into effect the single biggest reform to Panama’s Property Tax laws in 40 years. The new law kicks in on January 1, 2019 and modifies the tax rate levied on properties throughout the country, promising serious savings for homeowners — regardless of citizenship….

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Panama Announces Property Tax Changes for 2019

By

Kent Davis

Posted in Exploring & Living in Panama, Tax, The Panama Real Estate Market On November 8, 2017

Big savings are in the works for homeowners in Panama following the passage of possibly the most important real estate tax reforms in the last four decades. While the new tax rates kick in on January 1, 2019, other aspects of the new law are already in effect, including a moratorium on penalties and interest…

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Tips to Optimize Your Property Taxes in Panama

By

Kent Davis

Posted in Tax, The Panama Real Estate Market On May 23, 2017

If you own property in Panama, you will be subject to property taxes. Every property is different and has different inherent variables. This results in different tax obligations and benefits.   This article is in collaboration with Aldo Antinori, a property tax expert with the law firm DENFAB. Below, we discuss property tax-saving strategies for…

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