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15 Aug, 2012
Investment millionaire. The park benches would have to invest heavily in their operating systems.
The FATCA (for its acronym in English) or Tax Compliance Act of foreign accounts, an initiative approved by the Congress of the United States, jeopardizing the bank secrecy in Panama.
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15 Jun, 2012
The country will grow 8.5% in 2011, driven by investments in infrastructure. In 2012 would slow to 6%
Panama continues to play in the major leagues as far as growth is concerned, it appears from a report by the Economic Commission for Latin America and the Caribbean (ECLAC). The lawsuit, filed yesterday, plans to Panama as the most dynamic country in Latin America this year, an increase of 8.5% of gross domestic product (GDP).
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24 May, 2012
During times of economic distress we become more concerned about the security and tax efficiency of our assets, not only for the here and now but also for future generations. Though the recession forces us to spend less, it encourages us to give more. With the rate of charitable giving in 2011 surpassing economic growth in both the UK and US, it seems the business of philanthropy is thriving.
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29 Aug, 2011
It is clear that there are fundamental changes underway worldwide. Martin Wolf of the FT spoke of a “shift from west to east”. The implications of the debt of large western countries are in play. Dissatisfaction with austerity is going to have to be dealt with in Spain, Ireland, Belgium, Italy and Ireland. There is likely going to be the usual reaction against immigration mainly due to the lack of resources.
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18 Aug, 2011
Panama is quickly emerging as the key gateway into and out of South America. Panama is a nexus of trade for South America and is hence going to be and already is an ideal jurisdiction for international trading businesses in services and goods. It competes for this title with Miami.
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10 Aug, 2011
Panama has left the "grey list" of tax havens by the Organization for Economic Cooperation and Development (OECD) after signing agreements to exchange tax information with 12 countries, said the international body.
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11 Jul, 2011
Panama, satisfied after leaving gray list of the OECD Panama took over today as a "Breakthrough" to have finally been excluded from the lists of tax havens by the Organization for Economic Cooperation and Development (OECD), and coincided with the agency that had to work
hard to achieve.
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11 Jul, 2011
About Double taxation Treaties signed by the Republic of Panama and a an broad picture on applicability of Double tax Treaties.
Double Tax Treaties are not an easy subject and each Treaty is somehow different.
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10 Jul, 2011
We are glad to inform you that Panama has now been included since July 6th, 2011, in the so called “White List” of countries that have implemented all standards for international taxation required by the Organization for Economic Cooperation and Development (OECD).
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22 May, 2011
Last month a delegation of the Freemont Group participated in a live and invest overseas seminar held in Panama. It proved to be an exciting event that revealed many lesser well-know Panamanian legal secrets and investment opportunities. One presentation in particular was a combination of both: the new free zone of Panama Pacifico. Based on the Dubai free zone concept, Panama Pacifico offers a wide range of (tax) exemptions and facilities unheard of in the America´s.
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