Proposal to Charge 7% to Digital Purchases Divides Opinions Between Deputies

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Deputy Neftalí Jaén focused his questions on the possible application of the tax on hosting services through platforms such as Airbnb . He argued that, before talking about a tax charge, the legal situation of the alq must be resolved.

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The government of Panama seeks to update the tax rules so that certain goods and services purchased through digital platforms that are consumed in the country are subject to payment of the Transfer Tax on Furniture and Services (ITBMS) of 7% on the value of the taxed transaction. If applied, the measure includes purchases made on international e-commerce platforms such as Temu, Shein and Amazon, when the products are imported and consumed in Pan…