Making Dispute Resolution Mechanisms More Effective – Consolidated Information on Mutual Agreement Procedures 2023

Panama

Recent developments relating to MAP in Panama prior to 15 August 2023

Developments relating to MAP in the tax treaty network

• No developments were reported

Other developments relating to MAP

• Panama is currently working on drafting MAP guidance.

Latest Action 14 Peer Review report

Panama is yet to be peer reviewed under Action 14.

Tax treaty network of Panama

• 17 treaties, applicable to 17 jurisdictions (covering all treaties signed, although not necessarily in force)

• status of MLI: in force.

Table 1. State of play of Panama's tax treaty network

Treaties in line with the Action 14 Minimum Standard following MLI impact	Treaties where actions are ongoing to make them in line with the Action 14 Minimum Standard	Following impact/actions, remaining treaties that are not in line with Action 14 Minimum Standard
16	0	1

Source: OECD

Panama's MAP programme

Organisation of competent authority function

• four persons (all of whom work on other tasks as well)

• contact persons for MAP requests:

  • [e-mail].

Figure 1. Competent Authority Organisational Structure

Source: OECD

Table 2. Guidance on the MAP process

MAP guidance	No MAP guidance published	-
MAP profile	30 January 2017	https://www.oecd.org/tax/dispute/panama-dispute-resolution-profile.pdf

Overview of Panama's MAP Statistics for 2022

Panama did not report any MAP cases in its 2022 MAP Statistics.

Please refer to https://www.oecd.org/tax/dispute/map-statistics-panama.pdf for details with respect to Panama's MAP Statistics.