Panama tax calendar
Key dates and deadlines
The most important statutory deadlines for companies in Panama: DGI, CSS and the 13th-month bonus. Subscribe and we will remind you of every date by e-mail.
Every month
- 15
ITBMS return and paymentDGI
Monthly ITBMS filing within 15 days after the end of the month.
- 30
CSS payroll and payment (SIPE)CSS
SIPE payroll filing and payment of the previous month's employee-employer contributions.
- 30
Monthly DGI reportsDGI
By the last day of the month: Planilla 03 (for the month three months earlier), purchases and imports (form 43), sales and services (form 1027) and withholdings (form 34).
January
- 15Jan
Annual franchise tax — second halfDGI
Annual corporate franchise tax for companies incorporated July–December.
March
- 15Mar
Income tax return — individualsDGI
Personal income tax return due (a one-month extension can be requested).
- 31Mar
Income tax return — legal entitiesDGI
Corporate income tax return due (a one-month extension can be requested).
- 31Mar
Third-party payments and salary withholdingDGI
Report of payments to third parties (form 20) and payment of the salary withholding tax.
April
- 15Apr
First 13th-month instalmentMITRADEL
Payment of the first 13th-month instalment (December–March wages).
- 30Apr
Property tax — first four-month instalmentDGI
Payment of the first instalment. The 10% early-payment discount also expires on this date.
June
- 30Jun
Estimated income tax and education insurance — first instalmentDGI
Payment of the first estimated income tax instalment (individuals and legal entities) and of the education insurance (seguro educativo).
- 30Jun
Transfer pricing reportDGI
Form 930, for taxpayers with transactions with related parties abroad.
July
- 15Jul
Annual franchise tax — first halfDGI
Annual corporate franchise tax for companies incorporated January–June.
- 15Jul
Accounting records declarationDGI
Deadline for the accounting records declaration filed by resident agents.
August
- 15Aug
Second 13th-month instalmentMITRADEL
Payment of the second 13th-month instalment (April–July wages).
- 31Aug
Property tax — second four-month instalmentDGI
Payment of the second property tax instalment.
September
- 30Sep
Estimated income tax and education insurance — second instalmentDGI
Payment of the second estimated income tax instalment (individuals and legal entities) and of the education insurance (seguro educativo).
December
- 15Dec
Third 13th-month instalmentMITRADEL
Payment of the third 13th-month instalment (August–November wages).
- 31Dec
Property tax — third four-month instalmentDGI
Payment of the third property tax instalment.
- 31Dec
Estimated income tax and education insurance — third instalmentDGI
Payment of the third estimated income tax instalment (individuals and legal entities) and of the education insurance (seguro educativo).