Debt Restructuring

Debt Restructuring

by Randall Arosemena of PayMe Software Email: randallarosemena@paymesoft.comSitio web: https://paymesoft.com/plataforma-cobros/ Some of us have heard in recent months the term debt restructuring, however this is a rather abstract concept for those who do not know much about banking. I am going to try to explain it in my own words: Debt restructuring is the modification of the terms and conditions of a...

Tax Extension

Tax measures with respect to income tax returns for the 2020 Tax Period in Panama

by Alexander Mendoza of AE Accounting Advisors Email: info@aeaccountingat.comSitio web: www.aeaccountingat.com When did Executive Decree No. 110 become effective? Since its enactment, on March 31, 2021 published in Official Gazette No. 29253-A. What period is granted for the payment of taxes? During the term of validity, a period of 47 days is granted for the payment of...