Panama issues 2019 list of reportable jurisdictions for CRS reports

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EY Global

18 Jul 2019 PDF
Subject Tax Alert
Categories Corporate Tax
Jurisdictions Panama

On 5 June 2019, Panama published, in Official Gazette No. 28789-D, Executive Decree 53 of 2019 (the Decree), which establishes the list of reportable jurisdictions for Common Reporting Standard (CRS) purposes. “Reportable jurisdictions” are jurisdictions with which an agreement is in place and is identified in a published list by the Competent Authority. The Decree establishes the jurisdictions that will engage in the exchange of information during 2019 for tax year 2018 data. It introduces 41 new jurisdictions to the list of reportable jurisdictions issued in 2018.1

The Decree includes a list of 74 reportable jurisdictions:

1.     Antigua and Barbuda

2.     Aruba

3.     Bailiwick of Guernsey

4.     Bailiwick of Jersey

5.     Barbados

6.     Belize

7.     Canada

8.     Commonwealth of Australia

9.     Swiss Confederation

10.  United Arab Emirates

11.  State of Israel

12.  State of Japan

13.  United States of Mexico

14.  Federation of Malaysia

15.  Russian Federation

16.  Gibraltar

17.  Great Duchy of Luxembourg

18.  Grenada

19.  Greenland

20.  Ireland

21.  Isle of Man

22.  Iceland

23.  Cayman Islands

24.  Faroe Islands

25.  Turks and Caicos Islands

26.  British Virgin Islands

27.  New Zealand

28.  Principality of Liechtenstein

29.  Principality of Monaco

30.  Macao Special Administrative Region

31.  Kingdom of Belgium

32.  Kingdom of Denmark

33.  Kingdom of Spain

34.  Kingdom of Netherlands

35.  Kingdom of Norway

36.  Kingdom of Sweden

37.  United Kingdom of Great Britain and Northern Ireland

38.  Republic of Argentina

39.  Czech Republic

40.  Republic of Costa Rica

41.  Republic of Slovenia

42.  Republic of Estonia

43.  Republic of Indonesia

44.  Republic of India

45.  Republic of Seychelles

46.  Republic of Latvia

47.  Republic of Lithuania

48.  Republic of Malta

49.  Republic of Mauritius

50.  Republic of Poland

51.  Republic of Singapore

52.  Republic of South Africa

53.  Republic of Bulgaria

54.  Republic of Azerbaijan

55.  Republic of Chile

56.  Republic of Cyprus

57.  Republic of Korea

58.  Republic of Croatia

59.  Republic of Finland

60.  Republic of Nauru

61.  Slovak Republic

62.  Federal Republic of Germany

63.  Federal Republic of Brazil

64.  French Republic

65.  Hellenic Republic

66.  Italian Republic

67.  Republic of Lebanon

68.  Uruguay

69.  People’s Republic of China

70.  Republic of Hungary

71.  Portugal

72.  Romania

73.  Saint Vincent and the Grenadines

74.  San Marino