OrbitaxTax changes enacted by Parliament
|Approved Changes|Panama
The Parliament enacted Laws No. 45 and 52, which were published in the Official Gazette of 10 and 28 August 2012, respectively. The Law is retroactively effective from 1 January 2012.
Individual income tax
Dividends on preferred shares are exempted from withholding tax provided that:
| - | the shares are held 5 years or less; | |
| - | they are not part … |
