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What is the taxation of a Panama foundation?

April 26, 2017foundation panama Taxation

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What is the taxation of a Panama foundation?

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The acts of constitution, amendment or extinction of the foundation as well as the acts of transfer, transmittal or encumbrance of assets of the foundation and the income arising therefrom, or any other act in connection therewith, are exempted from all taxes, contributions, duties, liens or assessments of any kind , provided they are related to: