“… the initiative to initiate the investigation of Fiscal Fraud, whether criminal or administrative, part of an administrative action of the DGI (General Directorate of Revenue). Therefore, if the Court saw the initiation of the investigation as an act of “mere formality” or “preparatory” before, it might seem the same to it now with the new legislation.”
“Panama is a secular state. No religion can impose its point of view on the collectivity, as an act of faith.”
“The obvious vulnerability explained by the Panamanian Public Procurement Law, in terms of the transparency of the “Final Beneficiaries” of legal persons who contract with the State, is not only a domestic problem, but it is one more link in the chain that affects our international image.”
“We have reviewed here some of the factors by which the Tax Arbitration introduced in the Panama Code of Tax Procedure is clearly unconstitutional. There are more reasons.”
“… the democratic system and freedoms must be taken care of at all times, when there is panic we even need to be more precise with the compliance of the rules that subject Public Power to Law, because panic easily leads us to institutional disorder. “
“… What should have been done was not done and we must consider how to handle the situation, to avoid it leading us to the absurdity of going against principles of Procedural Law so clearly grounded.”
“It is time to overcome the trade differences between Panama and Colombia, resume the Free Trade Agreement and sign an Agreement to avoid double taxation that will lead to the commercial interaction between both countries to better levels of mutual benefit.”
“In the analysis of Automatic Information Exchange (CRS), under the MCAA (Multilateral Competent Authority Agreement) convention and driven by the OECD Global Forum… the concept of “Tax Residence” appears several times, but it is not always in the same sense. “
“More than a Government Innovation Authority (AIG) with super-powers that are outside the institutional framework, we need an AIG that exercises leadership based on conviction, scientifically based technology advice, development and transparency.”
“E-commerce legislation is more complicated than discussed here. However, the foregoing is sufficient to illustrate a fact that seems obvious and that is that much of what the regulations indicate is not being complied with in Panama”
