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Panama to target U.S. convention business

11/28/2010 By Panama Eric

(prensa.com)

Although Panama receives more visitors from the United States than any other country, it is a relatively unknown destination for groups organizing business meetings or conventions.

But that could change due to a tax treaty that Panama recently signed with the U.S. This treaty will allow U.S. businesses to claim a tax deduction expenditures related to organizing events in Panama.

That change has prompted the Panama Tourism Authority to prepare a campaign that will start in January aimed at promoting the country as a place to hold international events.

The authority will be working with American Airlines to promote the idea of holding conventions in the city. The government also wants to build a new convention center to host large events that would complement its existing facility, the Atlapa Convention Center.

Filed Under: Panama Travel Tagged With: Panama Economy

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