In recent years, the term ‘tax haven’ has become a contentious topic in the global economic arena, sparking debates and regulatory scrutiny from major economic powers. Amidst this evolving landscape, Panama, often labeled as a tax haven, has found itself...
Panama’s tax system is characterized by its territorial principle, a distinctive feature that has made the country an attractive global financial and business hub. This principle means that only income generated within Panamanian territory is subject to income...
