(Newsroom Panama) Panama is on the cusp of being removed from the tax haven gray list of the Organization for Economic Cooperation and Development (OECD).
Exiting the list will provide numerous economic benefits to Panama according to
Deputy Minister of Economy and Finance Frank De Lima.
The country’s cleansing will follow the signing its 10th double taxation treaty in France during the upcoming week.
Vice President Juan Carlos Varela and Minister of Economy and Finance Alberto Vallarino will travel to Paris, to participate in the signing ceremony.