After the ratification the of the U.S.-Panama Trade Promotion Agreement, sometimes called a Free Trade Agreement (FTA), on June 28, 2007 and the signing of the Tax Information Exchange Agreement (TIEA) on April 18, 2011, negotiations have been felicitated for entrepreneurs from both counties.
Yesterday, Salomón Shamah, General Administrator of the Tourism Authority of Panama, stated that U.S business expenses generated through conferences, conventions, seminars, and meetings held in Panama will be deducted from their income tax returns in their country.
Panama
Go for the canal. Stay for everything else.
It’s been 12 years since Panama regained control of its canal, and the country’s economy is booming. Cranes stalk the skyline of the capital, Panama City, where high-rises sprout one after the next and immigrants arrive daily from around the world. Among those who have landed en masse in recent years are American expatriates and investors, who have banked on Panamanian real estate by building hotels and buying retirement homes.
Las manos de Hermelinda Jiménez, originaria de Ustupu, comarca Guna Yala, están ocupadas cosiendo retacitos de tela con pequeñas puntadas; a su lado tiene un collar de hilos de colores. Jiménez instala su mesa desde las 7:00 de la mañana y pasa el día allí, sentada sobre un tanque, cosiendo y pendiente de cualquier persona que le eche un vistazo a su mercancía, hasta que se hagan las 8:00 de la noche.
In Panama, the Chinese New Year celebration will be held from Sunday, January 22th through Monday, January 23th at the Atlapa Convention Center. The first day, the program is scheduled to start at 12:00PM and end at 8:00PM. The second day, all the exciting activities will start at 10:00AM and end at 8:00PM. Mr. Roberto Huang, President of the Chinese Guangdong Association of Panama, reported that 50 great artist will come from Chinathis year to perform at this important event.
