Panama: Incentives for Updating Property ValueProperty tax would decrease from 2% to 1% for those who willingly update the value of their properties in the civil registry.Wednesday, July 22, 2009
With these modifications to property taxes, the government of Panama is looking for taxpayers to update the value of their lots and properties, in order to increase collection. With the modifications, an estimated $250 million could be collected, up from the $80 million being collected now. Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?
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