Panama has published Law 446 of 28 October 2024 in the Official Gazette, which introduces a tax amnesty regime. Under the regime, taxpayers with outstanding tax liabilities can benefit from relief on surcharges and late interest payments, including in relation to income tax, real estate tax, annual business license fees, VAT, selective consumption tax (excise tax), and registration fees. This relief is available for legal and natural persons until 31 December 2024.