On 25 April 2013, the government issued Decree No. 1346 to introduce new rules with respect to withholding agents of taxes, contributions, and any other kind of levies on commercial and industrial activities derived from the District of Panama. The main provisions of the Decree are described below.
Qualification as withholding agent
Under the Decree, withholding agents must meet the following conditions:
| - | be a taxpayer of the Di… |