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Panama: Modification to deadlines for correcting applications for income tax treaty benefits

Effective as of July 17, 2025

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october 9, 2025

The General Directorate of Revenue (DGI) on July 16, 2025, published Resolution No. 201-5822, modifying the deadline for correcting applications for benefits under the income tax treaties applicable in Panama.

  • New deadline: The DGI must grant a period of 10 business days, but not exceeding 30 calendar days, to correct errors or submit the necessary documents for applications for benefits. If the documents are not submitted within this period, the file will be archived.
  • Repeal of previous regulations: Resolution No. 201-2232 of March 16, 2023, which allowed taxpayers to request up to three two-month extensions to correct errors or submit missing documentation in applications for benefits, was repealed.
  • Effective immediately: Resolution No. 201-5822 became effective  July 17, 2025, so the new deadlines apply to all current and future applications.

Read an October 2025 report prepared by the KPMG member firm in Panama

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