Panama: Tax payment due date extended to 15 January 2021 (COVID-19)

Panama: Tax payment due date extended, 15 January 2021

The tax authority approved a resolution that extends the due date for certain tax payments and the deadline to participate in a tax amnesty program. These extensions are provided as relief in response to the coronavirus (COVID-19) pandemic.


The extended tax payment date is 15 January 2021 (for tax year 2020). Therefore, the taxes that were to have been remitted by 31 December 2020, may be paid by 15 January 2021 without incurring penalties and interest. This extension applies to payments of income tax and property tax, among others.

The availability of relief under the tax amnesty regime (under Law 99 of 2019 and Law 161 of 2020) is also extended until 15 January 2021.

Read a January 2021 report (Spanish) prepared by the KPMG member firm in Panama

© 2022 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us