Total tax rate as a percentage of commercial profits reached 0.372% in 2019 in Panama, according to the National Statistical Office. This is 0% more than in the previous year.
Historically, total tax rate as a percentage of commercial profits in Panama reached an all time high of 0.447% in 2007 and an all time low of 0.370% in 2013.
Panama has been ranked 86th within the group of 171 countries we follow in terms of total tax rate as a percentage of commercial profits.
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