Panama and Japan plan tax information exchange

PANAMA  and Japan have announced the beginning of negotiations to sign a bilateral agreement to exchange tax information which will include an exchange format based on the OECD standard.

The announcement came from President Juan Carlos Varela while in Japan  to sign a financing agreement worth up to $2.6 billion to build Metro Line 3.

The agreement also includes a technical cooperation grant for hiring a Project Management company for $35 million.