Taxes on Foreigners' Real Estate Rental Income in Panama
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Tax on property income in Panama
Taxation Researcher |
April 05, 2019
Nonresidents are only taxed on their Panamian-sourced income. Married couples are generally taxed separately but they may opt for joint taxation.
Income earned by nonresidents is generally taxed at a flat rate of 15% on gross income.
RENTAL INCOME
Rental income is taxed at progressive ra…
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