Panama: Near Future Without New Taxes

The three presidential candidates at the top of the polls say they will not propose tax reforms during their tenure.

Monday, March 17, 2014

Capital.com.pa reports that "The issue was discussed at the last forum organized by the Panamanian Association of Business Executives (APEDA), which evaluated the economic and fiscal impact of electoral promises."

Jose Domingo Arias (Democratic Change), Juan Carlos Navarro (Democratic Revolutionary Party), and Juan Carlos Varela (Panamanian Party) are the three candidates for the Presidency of Panama that have the highest chance of winning, according to polls. The three "... assure that they will not impose new taxes."

Other candidates with lesser chances of winning the election such as the candidate to the vicepresidency of FAD, Maribel Gordon, and Juan Jované, independent presidential candidate, said "... yes they would apply tax reforms."

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