(Prensa.com) Panamanian exporters received $ 23.4 million in tax exemptions and incentives in 2010, an amount which was reflected again two years later, the additional cost that had to take the state for losing tariff preferences with the EU.
He also was captured late delivery of the tax credit certificates (CAT), which respond to requests for disbursements made by exporters since 2009.
Manuel Fernandez, the Panamanian Association of Exporters, said that many requests were retained for research fraud by companies.
The number of exemptions, 2010 reflecting an increase of $ 2.1 million compared with those reported by the Comptroller General of the Republic a year earlier.
Last year he endorsed thousand 359 CAT which registered a value of $ 18.9 million, which benefited 97 companies that gave additional value to their exports, among which are: Products Oceans, South Winds Seafood Processing Marpesca, Meats Cocle and Panalang-Union Group.
Also resolved 510 eurocertificates worth $ 2.6 million as a subsidy to exporters to the EU, a region that lost tariff preferences after negligence involving the Foreign Ministry and the Ministry of Commerce and Industry in 2008.
The figure of eurocertificates sought to compensate exporters for the neglect of government in applying for the renewal of Europe’s trade preferences, which were recovered. In state records also reflect the weight of $ 1.9 million certificate of promotion of agricultural exports (CEFA), which replaced the CAT instrument from 2009 to not be compatible with World Trade Organization.
According to Fernandez, it approved $ 6 million Cefa, but gave a much lower amount. He complains because “Cefa is not working as fast as required. The law does not set time of delivery. “