This page offers an overview of tax developments being reported globally by KPMG member firms in response to the Novel Coronavirus (COVID-19).
The content will be updated regularly. However, due to the fast-moving pace of change, it may not always reflect the most current developments in a given jurisdiction. Please refer to the date of accuracy and refer to the relevant links, under additional information, for original source information.
A decree was published on 24 March 2020 in the official gazette in Panama to provide tax relief in response to the coronavirus (COVID-19) pandemic. Among the tax relief measures are the following: