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Free Zone Shortfalls

Source: LatinFinance February 2005 Issue 164, p74-75, 2p
Publication date: 2005-02
Subject terms: EXPORT duties;TAXATION;EXPORTS;FREE ports & zones
Vol.: Issue 164
Abstract: Focuses on the plan of Panama to start taxing re-exports from the Colón Free Zone (CFZ) to address the growing fiscal gap in 2005. Background on the CFZ; Possible effect of taxing re-exports on vendors; Reaction of the CFZ Tenant's Association on the plan; Advantages of an automated network with links to Customs Service and related government agencies. INSET: Capital of the Americas?
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