31th October 2024
What you should know about Law No. 446, which grants a tax moratorium on the payment of national taxes.
1. Grants a moratorium period until December 31, 2024, for the payment of interest and surcharges incurred on the following taxes: notice of transactions, income tax, property tax, ITBMS, selective consumption tax, and flat rate.
2. It applies to individuals and legal entities that are in the administrative or coercive collection phase on the date the Law comes into force, and who make full payment of their outstanding nominal balances, being exempt from all interest and surcharges.
3. Legal entities that maintain withholding agent status and are in arrears as of June 2024 for taxes withheld from contributions (income tax and education insurance) may pay until December 31 without interest or surcharges.
Byto access the law just click here.
https://www.gacetaoficial.gob.pa/pdfTemp/30149_C/108392.pdf
