Panama: Investment Incentives in the Old TownThe time frame to take advantage of the tax exemptions for companies investing in the area of the Old Town of Panama City has been extended to ten years.Tuesday, May 2, 2017
The new law now establishes that in order to be entitled to the incentives and benefits established in the legislation, for the time frame that corresponds to each of them, the people, owners or investors must carry out their investments within ten years after the date of entry into force of this Law. ¿Busca soluciones de inteligencia comercial para su empresa?Tax Benefit for Electric VehiclesJanuary 2018 Distributors of electric cars in Costa Rica estimate that with the entry into force of the law, prices of these vehicles could fall by between $5 thousand and $10 thousand. Renewable Energy Tax Incentives Extended Until 2023November 2017 In Nicaragua, the Ortega administration is proposing to extend tax benefits for energy generation projects using renewable sources for another five years. Nicaragua: Tax Incentives for Renewable EnergyMay 2015 The Executive has submitted a reform bill to extend tax benefits for investments in renewable energy projects until January 2018. Panama Prepares New Incentives for TourismMarch 2012 A bill is being prepared that introduces incentives for organizing conventions and 20 year tax exemptions for hotels investing at least $20 million and who register within three months after the law’s approval.
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