KPMG Panama successfully held its forum 'Fiscal Update 2026', a technical analysis platform designed for business leaders and decision-makers. Tax and international trade experts gathered to examine the impact of new tax regulations on Panama's business environment. The meeting focused on examining the latest trends in national and international tax environments, foreign trade, and the operational challenges organizations face in the current business landscape. The event's agenda covered a detailed overview of tax regulation updates, with special emphasis on payroll tax management, social security, and the new minimum wage. Montúfar highlighted that the firm's support aims to help clients develop tax management models that are consistent and fully aligned with current legal provisions. The program included specialized panels on international taxation and trade agreements, analyzing the relevance of transfer pricing and tax audits in cross-border operations. These types of forums promote responsible and proactive management, enabling organizations to successfully adapt to the ongoing transformation of the tax regime in Panama and globally. Fundamental aspects of electronic invoicing, the concept of economic substance, and the treatment of passive income were also discussed, which are key elements for the financial stability of companies operating in the country.
