Economy Politics Country 2026-02-09T13:08:32+00:00

Acodeco Launches 'Back to School' Operation for Price Control

Acodeco intensifies inspections in school supply stores to guarantee ITBMS tax exemption and protect parents' right to free choice in purchasing.


Acodeco Launches 'Back to School' Operation for Price Control

The entity recommends the thorough reading of any educational service contracts before proceeding with the document signing.

Acodeco launches 'back to school' operation to monitor prices and tax benefits. This initiative aims to guarantee that school supplies and uniforms maintain their exemption from the ITBMS (7%) and that educational institutions respect the freedom of choice for parents. Schools must limit themselves to describing technical specifications, colors, and types of fabric, allowing the end consumer to decide where to make their purchase based on economy and convenience.

For efficient management of school expenses, consumers are advised to compare prices in advance using the monitoring tools available on the institution's official website. Furthermore, the importance of requesting and thoroughly reviewing the purchase invoice to verify that no improper charges have been applied is emphasized. In the event of detecting irregularities, such as lack of visible prices, tied sales, or the improper charging of tax on exempt items, Acodeco maintains its citizen attention channels open via WhatsApp and Telegram lines 6330-3333, as well as on its digital platforms under the user @AcodecoPma.

(09/Feb/2025 – web – Panama24Horas.com.pa) Panama City, Panama. - With the purpose of safeguarding the household budget and ensuring that current regulations are respected, the Authority for Consumer Protection and Competition Defense (Acodeco) will launch its 'back to school' operation nationwide after the carnival period. This institutional initiative will intensify inspections in commercial establishments dedicated to the sale of school supplies, uniforms, and various educational implements. Verification actions will focus on confirming that the list of articles exempt from the ITBMS (7%) tax is in a visible place for the public.

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