Panama joins OECD BEPS initiative

Nov 12, 2020

Panama has deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“the MLI”). The MLI will enter into force for Panama on 1 March 2021. This brings the number of jurisdictions who have ratified, accepted, or approved the MLI to 56.