Time to prepare and pay taxes reached 408 hours in 2019 in Panama, according to the National Statistical Office. This is 0% more than in the previous year.
Historically, time to prepare and pay taxes in Panama reached an all time high of 560 hours in 2006 and an all time low of 408 hours in 2019.
Panama has been ranked 16th within the group of 171 countries we follow in terms of time to prepare and pay taxes.
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