Tax Exemptions for Nautical TourismThe proposed new Panama Tourism Act includes incentives for the construction of maritime infrastructure and activities related to nautical tourism.Thursday, February 23, 2012
"If the new tourism legislation is approved, companies making a minimum investment of $10 million in construction, equipment and cruise port administration will be entitled to a total exemption for five years on import duties for input materials for the construction of marine infrastructure," reports Prensa.com. Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?Honduras: Incentives for TourismJuly 2017 A bill being prepared by the government proposes granting tax exemptions and other incentives on investments made in hotel infrastructure and other activities in the tourism sector. Panama: Law on Incentives for Tourism Takes EffectMarch 2015 The new executive order establishes the requirements which must be followed in order to qualify for government incentives to develop tourism activities. Tax Exemptions for Port of Corozal OesteJanuary 2015 A bill has been presented that would grant the company obtaining the concession to build and operate the container port in Corozal Oeste the same tax benefits as other port operators in Panama. Nicaragua: $56 million in Tourism ExemptionsJune 2014 Up until May incentives have been authorized for 22 tourism investment projects, including the construction of the airport in Costa Esmeralda, for $12 million.
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