Panama has published Law 314 of 20 June 2022 in the Official Gazette, which amends the income tax incentives under Law 80 of 2012. The incentives were extended by Law 122 of 31 December 2019 to 31 December 2025, along with a 100% tax credit for investments made in tourism companies for new tourism establishments and the expansion of existing establishments. Law 314 essentially repeals the amendments made by Law 122 and introduces new terms for the investment incentive, including a reduction …