Panama’s DGI warns companies of suspension over unpaid annual tax
Panama’s Directorate General of Revenue (DGI) said it is updating a list of legal entities that have failed to pay the annual single tax for at least three consecutive years. The DGI said listed entities will have their corporate rights suspended and must pay a B/.1,000 fine, outstanding tax and registry fees to seek reinstatement.
The warning signals corporate-rights suspensions and financial liabilities for gambling companies among the affected entities.