Day: March 21, 2023

Spain Removes Panama from Official Tax Haven List for 2023

According to an official bulletin from the Spanish government, the Ministry of Finance in Spain has excluded Panama from its official list of countries considered to be tax havens and non-cooperative jurisdictions, which will be in effect during 2023. The bulletin, dated February 9th, states that 24 countries remain on the list. The criteria for determining non-cooperative jurisdictions have been updated in accordance with international work conducted both within the European Union and the Organisation for Economic Co-operation and Development (OECD). The bulletin also explains that the list will be reviewed periodically based on international updates and national developments. In ... Read more