Tourism tax incentives  extended

TAX INCENTIVES created with the aim of expanding the supply of infrastructure and tourist products in Panama have been extended until 2025 .

Tourism Authority (ATP), inspector Marcos Paredes, said that the existing law 80 expired on December 31, 2017, and we reactivated the expired articles with the aim of attracting investment in infrastructure and products for convention and holiday tourism, such as marinas, canopy, museums, theme parks “.

“Law 80 fulfilled its objective, with it the Pacific Riviera was developed, and now Panama City has the best hotel facilities plant in the region,” said Paredes.