Save article

Saved

 

News

Panama: Bilateral exchange relationships are effective between Panama and CRS MCAA signatory jurisdictions

Panama has bilateral exchange relationships with 28 jurisdictions under the Common Reporting Standard Multilateral Competent Authority Agreement (CRS MCAA).

The Organisation for Economic Co-operation and Development published, on 5 April 2018, the list of bilateral exchanges relationships under the CRS MCAA.

A bilateral relationship under the CRS MCAA becomes effective only if both jurisdictions have the Convention on Mutual Administrative Assistance in Tax Matters in effect and have filed all relevant notifications as provided under Section 7 of the CRS MCAA (e.g., having an operational and IT framework to implement the confidentiality standards and data safeguards).

Below is the list of jurisdictions with which Panama has bilateral exchange relationships for CRS information:

Australia

Belgium

Bulgaria

Croatia

Denmark

Faroe Islands

Finland

France

Germany

Gibraltar

Greece

Iceland

Ireland

Isle of Man

Italy

Japan

Luxembourg

Malta

Mexico

Netherlands

Norway

Portugal

Seychelles

Singapore

Slovenia

South Africa

Spain

United Kingdom

A follow-up Tax Alert will be issued once the Panamanian Tax Authority publishes its list of “reportable jurisdictions.”

EYG no. 02070-181Gbl

Download this Tax Alert as a PDF file

Privacy  |  Cookies  |  BCR  |  Legal  |  Global Code of Conduct

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

 

TAGS

Font size

Tax topics >

No filter criteria selected.

Industries >

No filter criteria selected.

Countries >

No filter criteria selected.

 < Close

Connect

 < Close

Countries

 < Close

Tax topics

 < Close

Industries

 < Close

Regions

 < Close

0 articles have been saved