December is one of the most demanding months for companies in Panama in terms of tax compliance. The December 2025 Tax Calendar concentrates a series of crucial obligations that ensure a proper fiscal year-end closing and help avoid regulatory contingencies.
Additionally, the calendar incorporates a key recommendation for this stage of the year: conducting a legal assessment of the final fiscal closing, confirming the company’s tax conditions, and preparing, if necessary, a draft request for Non-Application of the CAIR. This measure helps anticipate risks, organize documentation, and establish a clearer outlook for the start of the next fiscal period.
At LAC Legal, we complement these tools with our talk “Smart Tax Planning: Non-Application of the CAIR and the Tax Burden”, a space designed for executives seeking to deepen their understanding of technical criteria and best practices in tax management.