Panama, Vietnam Conclude DTA Negotiations
July 1 — Officials from Panama and Vietnam June 26 concluded the second round of negotiations and reached an agreement on the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income, the Panama government announced June 26.
The agreement was initialed by the Minister of Economy and Finance Frank De Lima and Le Hong Hai, the director of Vietnam’s General Department of Taxation following the completion of the second round of negotiations between both countries.
With the signing of this agreement, the Panama government said it hopes to foster relations between the two countries through the strengthening of trade and economic ties with Vietnam.
