Panama Gazettes Executive Decree Establishing Procedure, Deadlines for Implementing E-Invoicing System for Various Taxpayers, Services

The Panamanian Official Gazette June 29 published Executive Decree No. 25, establishing procedures and deadlines for implementing the e-invoicing system for various taxpayers and services. The law includes measures: 1) providing a list of eligible taxpayers; 2) establishing the e-invoicing procedures; 3) providing a list of exempted activities from the e-invoicing requirement; 4) providing the Jan. 2, 2023, effective date for implementing the e-invoicing system for private authorized maritime companies, for operations carried out by stock and product exchanges, for oil transportation services, and for goods leased under real estate contracts without the intervention of third parties; and 5) providing ...