Executive Summary – As we have predicting for some two months now Panama has been given a deadline by the OECD to open up its banking records. The deadline was 15 days. This article first appeared in La Prensa Newspaper (Panama Largest Newspaper) on July 19, 2009. A reprint of the article and the link can be found below. We are focusing on the exchange of tax information. The double taxation issues do not concern 99% of you and a double taxation treaty will not benefit 99% of you since you do not move physical goods in and out of...

Read the full article here: Offshore Articles from Panama Legal