Panama Targets Exit From EU Tax List by Late 2026 or Early 2027

Economy: Panama City

Key Facts

—Target. President José Raúl Mulino and Economy and Finance Minister Felipe Chapman have confirmed that Panama is on a path to exit its last remaining discriminatory fiscal list by late 2026 or early 2027. The list in question is the European Union’s catalogue of non-cooperative jurisdictions for tax purposes.

—Distinction. The Financial Action Task Force grey list deals with money laundering and terrorist financing, while the EU tax list applies different criteria. Panama left the FATF grey list in October 2023 but remains on the EU tax list.

—Registry. The strategy centres on a rigorous update of the Unique Registry of Beneficial Owners, known in Spanish as the Registro Único de Beneficiarios Finales, or RUB.