The Internal Revenue Service (IRS) announced May 2nd, 2014 that the years 2014 and 2015 will be “transitional periods” in regards to enforcing the Foreign Account Tax Compliance Act (FATCA) regarding withholding funds. This applies to foreign financial institutions,...
Welcome to the Panama Weekly News Roundup! This week, we take a look at the new president elect, United Airlines adds a Denver nonstop, the Canal strike finally ends, and price controls are on the new government agenda. Here’s the latest: Panama construction strike...
Panama elected a new president this past Sunday, and despite trailing in the polls for months, Juan Carlos Varela was victorious. One of the most heated races in recent memory ended with the opposition, and not the incumbent’s party, taking the prize. He served as VP...
Welcome to the Panama Weekly News Roundup! It’s been a busy week here with the elections coming up, and we look at the legacy of outgoing President Ricardo Martinelli. We also look at the progress of the Tocumen Airport expansion, and why Venezuelans are finding work,...
Panama is about to elect a new president, and in a matter of days, Ricardo Martinelli will step down. Martinelli’s tenure has certainly been an exciting one. He’s had both major civic and social accomplishments, as well as a little controversy follow him for the past...
