News

Government of Panama Decrees Tax Amnesty

October, 2019

By means of Law 99 of October 11th, 2019, a general tax amnesty for the payment of taxes administered by the General Directorate of Revenue (“DGI” by its acronym in Spanish) was approved in Panama until February 29th, 2020.According to the supporting documents for the draft bill submitted before the...

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GT: Agreement for the prohibition to use and distribute single-use plastic bags

October, 2019

SUMMARY OF THE GOVERNMENTAL AGREEMENT 189-2019Name: agreement for the prohibition to use and distribute single-use plastic bags in their different presentations, shapes and designs, plastic straws in their different presentations, shapes and designs, including disposable plastic mixers or agitators...

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ES: New Tender Process for the supply of 189.3 MW of power and its associated energy

October, 2019

New Tender Process for the supply of 189.3 MW of power and its associated energy to be provided as of January 1st, 2020The electricity distributor company CAESS, S.A. DE C.V. DELSUR, S.A. DE C.V., on its behalf and on behalf of the electricity distributor companies DELSUR, S.A. DE C.V., AES CLESA Y...

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PTY: Panama rules the Public-Private Partnership (PPP)

September, 2019

Finally, Panama has created the Public-Private Partnership Regime as a mechanism to encourage private investment and employment, following the steps of most of the countries in the region.Public-Private Partnership known as PPPs, is a modality that adds up private capital, however sharing risks and...

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