Taxes on income, profits and capital gains reached PAB 2.04 bil in 2020 in Panama, according to the National Statistical Office. This is 22.9% less than in the previous year.
Historically, taxes on income, profits and capital gains in Panama reached an all time high of PAB 2.95 bil in 2018 and an all time low of PAB 0.229 bil in 1990.
Panama has been ranked 100th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains.
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