The tax and regulatory developments from July 2026 that your business should know, summarized in one line per topic so you can read them in just a few minutes.
Receive This Newsletter Every Month
Stay up to date with the tax and regulatory developments affecting your business in Panama.
Featured Topics
The four regulatory developments with the greatest impact on your business this month.
Form 930 — Transfer Pricing (Version 3) Key #
The Panamanian Tax Authority (DGI) adopts Version 3 of the Transfer Pricing Report, effective July 2, 2026.
Resolution No. 201-4247 · June 16, 2026
Form No. 930, Version 3, corresponding to the Transfer Pricing Report, has been officially adopted. Its use becomes mandatory as of July 2, 2026, allowing taxpayers subject to the transfer pricing regime to file information for fiscal year 2026 and subsequent years.
Transfer Pricing · International Tax
Extension of Law 473 — Tax-Inclusive Price Display Key #
The requirement to display prices inclusive of VAT (ITBMS) has been postponed until July 1, 2027.
Law No. 531 · June 18, 2026
The effective date of Law 473 of 2025—which amends Law 45 of 2007 on consumer protection and competition—is modified, establishing that it will enter into force on July 1, 2027.
FATCA / CRS — “Controlling Persons” Key #
The definition of “Controlling Persons” is amended for FATCA and CRS compliance.
Executive Decree No. 25 · June 29, 2026
An amendment is introduced to the definition of “Controlling Persons” established in Executive Decree No. 124 of May 12, 2017, which regulates FATCA and the Common Reporting Standard (CRS) in Panama. The update aims to strengthen tax transparency and align Panamanian regulations with FATF standards.
International Tax Services ·
Tax Compliance
CSS — Mandatory Enrollment of Drivers Alert #
New mandatory Social Security enrollment regime for public transportation drivers operating as independent workers.
Resolution No. 58,705-2026-J.D. · June 11, 2026
The Mandatory Enrollment Regulation for drivers and assistants in public passenger transportation operating as independent workers is approved pursuant to Article 71 of the Consolidated Text of the Organic Law of the Social Security Fund (CSS).
Labor Law ·
Payroll Services
Other Updates This Month
Sector-specific and informational developments summarized below.
Cabinet Decree No. 6 — National Cadastre (World Bank) #
Loan of up to USD 60 million from the IBRD to modernize Panama’s national cadastre and land information system.
Real Estate & Tourism · Official Gazette — Cabinet Decree No. 6
Cabinet Decree No. 7 — Tariffs on Rice for the Food Service Industry #
New subdivision of tariff heading 1006.30 establishing a 90% Import Tariff (DAI) for rice used by the food service industry.
International Trade & Taxation · Official Gazette — Cabinet Decree No. 7
Cabinet Decree No. 8 — Paddy Rice Import Quota #
Extraordinary import quota of 786,000 quintals of paddy rice, subject to a 3% Import Tariff (DAI) until September 15, 2026.
International Trade & Taxation · Official Gazette — Cabinet Decree No. 8
Executive Decrees No. 10 and 11 — Bottled Water and AMBER Alert System #
Extension of the maximum retail price for bottled water in the provinces of Herrera and Los Santos, together with regulations governing the AMBER Alert System.
Consumer Protection · Official Gazette — Executive Decrees No. 10 and 11
Agreement No. 182 (Municipality of Panama) — Temporary Advertising #
Exempts private sponsors of activities organized by the Municipality of Panama from the Temporary Advertising Tax, subject to prior approval.
Do Any of These Changes Affect Your Business?
Our tax team can assess your specific situation and help your business remain compliant.
Schedule a Consultation via WhatsApp
Lic. Raúl González Casatti · Tel. +507 6798-9529 · rgonzalez@lacgrp.com