Income tax filing and other tax services
At CASATTIS, we provide specialized services to help you efficiently manage and file your Income Tax Return, ensuring compliance with tax regulations and avoiding any inconveniences.
Income Tax Return (ISR)
The Income Tax Return (ISR) is a mandatory requirement for both Natural Persons and Legal Entities generating income and expenses in Panama. This tax applies to earnings obtained during the fiscal year and must be filed with the General Revenue Directorate (DGI).
Filing Deadlines:
Natural Persons: Until March 15 of each year
The sworn income tax return for salaried individuals, independent professionals, and merchants must be submitted by March 15 following the end of their fiscal year (Law 6 of February 2, 2005, Article 20, amending Article 710 of the Fiscal Code).
If a natural person cannot meet this deadline, they may request an extension from the DGI until March 15 of the following fiscal year. With the authorized extension, the new deadline will be April 15 of the same year (Article 5 of Law No. 52 of August 28, 2012, amending Article 710 of the Fiscal Code).
Legal Entities: Until March 31 of each year
The sworn income tax return must be submitted no later than March 31 following the end of the fiscal year (Law 6 of February 2, 2005, Article 20, amending Article 710 of the Fiscal Code).
If a legal entity cannot meet this deadline, they may request an extension from the DGI until March 31 of the following fiscal year. With the authorized extension, the new deadline will be April 30 of the same year (Article 5 of Law No. 52 of August 28, 2012, amending Article 710 of the Fiscal Code).
Other tax services
At CASATTIS,, we offer a variety of tax services tailored to meet the specific needs of our clients. Our featured services include:
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Tax planning
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Tax compliance review
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Management of non-application of CAIR
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Tax refund procedures
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Property tax exemptions
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Inventory discard certificates
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Tax incentives
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Tax assessments
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Tax prescription requests
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Legally required certifications
Trust us to optimize your accounting processes and ensure compliance with tax regulations.
Our team is ready to provide you with comprehensive support for financial success.
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