How Legal and Tax Law Contribute to Conflict Resolution Every year, on September 21st, the world celebrates the International Day of Peace, a day dedicated to strengthening the ideals of peace both within and among nations. On this date, we are invited to reflect on how we can contribute, from our respective fields, to building […]
Corporate governance is a term often associated with large corporations, but its relevance is equally crucial for small and medium-sized enterprises (SMEs). In Panama, where SMEs constitute a vital part of the economy, implementing good governance practices can make the difference between success and failure. This article explores how solid corporate governance can transform an […]
Tax planning is a crucial aspect for any company or individual looking to keep their finances in order and avoid unpleasant surprises when filing tax returns. In Panama, where tax regulations can be complex and ever-changing, proper planning becomes an indispensable tool. Below, we explore the importance of tax planning and how it can help […]
At JVD Consultores, we understand the importance of keeping your tax obligations in order to avoid penalties and optimize your financial resources. Below, we present a guide on the types of taxes in Panama, filing and payment deadlines, and the main available tax deductions. Types of Taxes in Panama 1. Income Tax (ISR) Income Tax […]
In the dynamic and competitive business world, prevention is a vital strategy. Anticipating legal issues and taking proactive measures can be the difference between a company's success and failure. This is where preventive legal advice comes into play, offering a comprehensive and proactive approach to managing legal risks before they become problems. What is Preventive […]
What is a tax litigation? A tax litigation is a conflict between a taxpayer and the tax administration, in this case, the Directorate General of Revenue (DGI) of Panama. This type of dispute can arise for various reasons, such as discrepancies in the determination of taxes, imposition of fines and penalties, differences in the interpretation […]
