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What is the corporate income tax rate in Panama?

April 26, 2017corporate panama rate

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What is the corporate income tax rate in Panama?

1 Answer

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10 Posted

Panama corporations pay $300 per year tax. There is no income tax due on foreign derived income. This is ideal for those looking for a good jurisdiction to bank offshore in. There are taxes due if you do business inside Panama, but that is not likely for most of our clients.