The Panamanian government has decided not to present a bill aimed at taxing digital services, following concerns raised by various stakeholders in society. This plan, which had been approved by the Cabinet Council, aimed to broaden the tax base by including platforms like Netflix and Amazon. The Minister of Finance acknowledged the need to explore other solutions to improve tax collection and combat tax evasion.
Panama abandons its plan to tax digital services after criticism
This article was updated at 09:00.