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Panama Economic Substance Rules for Foreign Passive Income

From fiscal years beginning on or after 1 January 2027, Panama’s Law 526 of 28 May 2026 and Executive Decree 32 of 2 September 2026 apply to certain legal entities incorporated or domiciled in Panama, that are part of multinational groups, and that earn passive income from foreign sources.
Forvis Mazars celebrates the launch of our Panama office

On 21 May 2025, Forvis Mazars celebrated the opening of its new office in Panama with a cocktail reception that brought together over 100 guests, including business leaders, diplomatic representatives, and members of the Group team.