The Panama 5.5% tax on gambling winnings is eliminated
Panama’s Gaming Control Board (JCJ) has announced that it will eliminate the controversial 5.5% tax on all gambling winnings, including player stakes, introduced by the country’s government in 2015. The regulator said it believed the move would be a boost to the country’s tourism sector and would attract more international players. In addition, the JCJ, a subdivision of the country’s Ministry of Economy and Finance, … Continue
