Transfer Pricing Form 930 is the report that the Panamanian Tax Authority (Dirección General de Ingresos – DGI) requires from certain taxpayers engaged in transactions with related parties abroad. Proper filing is an essential part of tax compliance, as failure to comply may result in significant penalties.
In addition, Version 3 of Form 930 became effective in July 2026, introducing new reporting requirements.
What Is Transfer Pricing Form 930?
Individuals and legal entities that engage in transactions with related parties abroad affecting the determination of their taxable income are required to file Form 930. It is important to note that this obligation may also apply to companies operating under Panama’s territorial tax system, even if they do not generate locally taxable income, provided they carry out transactions with related parties abroad.
What Is Considered a Related Party?
Individuals and legal entities that engage in transactions with related parties abroad affecting the determination of their taxable income are required to file Form 930.
It is important to note that this obligation may also apply to companies operating under Panama’s territorial tax system, even if they do not generate locally taxable income, provided they carry out transactions with related parties abroad.
What Is Considered a Related Party?
Related parties may include, among others:
- Parent and subsidiary companies.
- Companies belonging to the same corporate group.
- Entities under common ownership, control, or management.
- Permanent establishments.
Correctly identifying related parties is the first step in determining whether Form 930 must be filed.
What Is the Filing Deadline?
Form 930 must be filed within six (6) months after the end of the taxpayer’s fiscal year through the e-Tax 2.0 platform.
For taxpayers whose fiscal year ends on December 31, the filing deadline is generally June 30 of the following year.
The current regulations do not provide for automatic filing extensions
What Changed with Version 3 of Form 930?
Effective July 2, 2026, the DGI implemented Version 3 of Form 930, introducing additional reporting requirements designed to align the form with the Annual Income Tax Return and international transfer pricing standards.
What Are the Penalties for Non-Compliance?
Failure to file Form 930 may result in a penalty equal to 1% of the total amount of transactions with related parties, up to a maximum of B/.1,000,000, pursuant to Article 762-I of the Panamanian Tax Code.