Howard Zone Maintains Tariff ExemptionsThe National Assembly of Panama approved the extension of tariff exemptions to companies based in the Howard Free Trade Zone.Tuesday, June 9, 2009
The bill, which was approved in the second debate, ensures that companies that are based in the Panama Pacific Special Economic Area, also known as the Howard Free Zone, will equally have access to the benefits. Source: pa-digital.com.pa ¿Busca soluciones de inteligencia comercial para su empresa?Update to Incentive Law for Panama PacificJanuary 2015 A law has been approved which updates the tax treatment of high-value services and movement of goods from the free zone in Panama Pacific to other countries. Municipal Taxes for Colon Free ZoneFebruary 2014 The Colon City Council has repealed a 1953 rule which exempted companies that provide services in the CFZ from paying taxes. Progress and Challenges in Panama PacificJuly 2013 In the special economic area at the former Howard Air Base there are now 164 companies operating in different sectors with investment so far totalling $270 million. Panamá Pacífico Development UnderwayAugust 2009 $65 million have already been invested in the former Howard Air Base.
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