Panama | Tungsten Network https://www.tungsten-network.com The journey to world-class starts here. Tue, 02 Aug 2022 14:05:57 +0000 en-GB hourly 1 https://wordpress.org/?v=5.9.3 Tax authorities approve e-invoicing methods to apply within the new system https://www.tungsten-network.com/compliance-overview/country-updates/country/panama/tax-authorities-approve-e-invoicing-methods-to-apply-within-the-new-system/ https://www.tungsten-network.com/compliance-overview/country-updates/country/panama/tax-authorities-approve-e-invoicing-methods-to-apply-within-the-new-system/#respond Tue, 04 Jan 2022 00:00:00 +0000 https://www.tungsten-network.com/compliance-overview/country-updates/country/%country%/tax-authorities-approve-e-invoicing-methods-to-apply-within-the-new-system/ Tax authorities in Panama are aspiring to introduce an e-invoicing system, known as Sistema de Facturacion Electronica de Panama (SFEP). Taxpayers have a few ways to comply with this e-invoicing system, which includes: Using the free e-invoicing platform available on the Tax Authority Website (this is applicable to smaller taxpayers); Adapting a data connection device […]

The post Tax authorities approve e-invoicing methods to apply within the new system first appeared on Tungsten Network.]]> Tax authorities in Panama are aspiring to introduce an e-invoicing system, known as Sistema de Facturacion Electronica de Panama (SFEP). Taxpayers have a few ways to comply with this e-invoicing system, which includes:

  • Using the free e-invoicing platform available on the Tax Authority Website (this is applicable to smaller taxpayers);
  • Adapting a data connection device to current tax printers;
  • Migrate to an e-invoicing system where taxpayer can issue e-invoices through service providers accredited by the government (PAC).

We are awaiting further information from the Panamanian Tax Authorities regarding potential pilots, timeframes for implementation, and the scope of taxpayers affected, and will keep you updated.

The post Tax authorities approve e-invoicing methods to apply within the new system first appeared on Tungsten Network.]]> https://www.tungsten-network.com/compliance-overview/country-updates/country/panama/tax-authorities-approve-e-invoicing-methods-to-apply-within-the-new-system/feed/ 0 Panama to implement e-invoicing clearance model https://www.tungsten-network.com/compliance-overview/country-updates/country/panama/panama-to-implement-e-invoicing-clearance-model/ Sun, 04 Jul 2021 22:00:00 +0000 https://www.tungsten-network.com/compliance-overview/country-updates/country/%country%/panama-to-implement-e-invoicing-clearance-model/ On June 1st 2021, the Tax Authorities have opened a voluntary process for e-invoicing in Panama, paving the path to a general mandate. To date no official specific date for this general mandate has been published, however the Tax Authorities are making reference to FY22 as the implementation date.

The post Panama to implement e-invoicing clearance model first appeared on Tungsten Network.]]> On June 1st 2021, the Tax Authorities have opened a voluntary process for e-invoicing in Panama, paving the path to a general mandate. To date no official specific date for this general mandate has been published, however the Tax Authorities are making reference to FY22 as the implementation date.

The post Panama to implement e-invoicing clearance model first appeared on Tungsten Network.]]> Panama to implement e-invoicing clearance model https://www.tungsten-network.com/compliance-overview/country-updates/country/panama/panama-to-implement-e-invoicing-clearance-model-2/ https://www.tungsten-network.com/compliance-overview/country-updates/country/panama/panama-to-implement-e-invoicing-clearance-model-2/#respond Sun, 04 Jul 2021 21:00:00 +0000 https://www.tungsten-network.com/compliance-overview/country-updates/country/%country%/panama-to-implement-e-invoicing-clearance-model-2/ On June 1st 2021, the Tax Authorities have opened a voluntary process for e-invoicing in Panama, paving the path to a general mandate. To date no official specific date for this general mandate has been published, however the Tax Authorities are making reference to FY22 as the implementation date.

The post Panama to implement e-invoicing clearance model first appeared on Tungsten Network.]]> On June 1st 2021, the Tax Authorities have opened a voluntary process for e-invoicing in Panama, paving the path to a general mandate. To date no official specific date for this general mandate has been published, however the Tax Authorities are making reference to FY22 as the implementation date.

The post Panama to implement e-invoicing clearance model first appeared on Tungsten Network.]]> https://www.tungsten-network.com/compliance-overview/country-updates/country/panama/panama-to-implement-e-invoicing-clearance-model-2/feed/ 0