Regarding the publication of the International Consortium for Investigative Journalism (ICIJ)

Before the publication coordinated by the
International Consortium for Investigative Journalism (ICIJ)
in English), in which remarks are made about alleged actions
financial irregularities that occurred in the country, the National Government communicates
the next:


Without prejudice to the freedom of the press and information that we respect
decidedly, and with the intention of avoiding sensational appreciations
like those that have caused us great harm in the past, we are working
in a cohesive and inter-institutional way, determined to counteract the
negative repercussions of any tangential or conjunctural scandal on
whoever wants to involve the country.
Through the Ministry of Foreign Affairs, we have communicated to the
management team of the ICIJ that we carefully follow their publications and
that they should avoid references without informative justification associated with the
country.


The Superintendency of Non-Financial Subjects, in turn, will supervise
immediate of the obliged subjects of our jurisdiction mentioned in
posting, as part of our timely response, for the protection
of the image and reputation of the country.


And the General Directorate of Income (DGI) will initiate the inspection processes
to natural and / or legal taxpayers in the Republic of Panama
indicated by the same publication and will attend the exchange of
information with the aforementioned jurisdictions.


As a context, Panama has signed international cooperation agreements
such as the Multilateral Competent Authority Agreement (MCAA), the
Multilateral Convention to Implement Measures Related to the
Tax Treaty to prevent the erosion of the base and the transfer of
benefits (MLI), and Mutual Administrative Assistance in Tax Matters
(MAC) and has implemented the project of the Organization for Cooperation
and Economic Development (OECD) on Base Erosion and Transfer
of Benefits (BEPS) to address tax evasion, improve the coherence of
international tax rules and ensure a tax environment
more transparent and competitive international.