Panama's Supreme Court of Justice has ruled on the constitutionality of Law 314 of 2022, which amended the tax credit incentive granted for investments made in the tourism sector. As previously reported, the tax credit incentive was originally provided at a rate of 50% by Law 80 of 2012 to promote investment in tourism, including investments outside the District of Panama in particular. The incentive was subsequently extended to the end of 2025 by Law 122 of 2019, which also increased the inc…