Panama Sources and Verification
Source-backed employee estimate for 2026-01-01 to 2026-12-31.
Professional verification
The Panama calculator has not yet been reviewed by an independent tax professional. Until it is, results rely on the official sources, worked examples and automated checks below. How our verification works.
Worked examples, recalculated live
Each example was worked by hand from the official rules before publication. The live calculator must reproduce it exactly, to the cent, or the rule set cannot be published.
| Example | Expected take-home | Live result | Status |
|---|---|---|---|
| PAB 60,000 a yearEmployee tax profile: Salaried individual with one Panama-source employment; Annual statutory employee contributions: 5850; Annual taxable employment income: 60000 | PAB 45,800.00 | PAB 45,800.00 | Matches |
Official sources and monitoring
1 official sources. 1 were checked automatically in the last three weeks, most recently on 2026-10-23. A content change opens a review before any rule is updated.
| Source | Researched | Automated check |
|---|---|---|
| Natural-person income-tax rates and employee payroll reportingPanama Directorate General of Revenue | 2026-10-21 | Checked automaticallyLast checked 2026-10-23 |
No detected source change is waiting for review.
Rule version
Version PA-2026-v1, approved on 2026-10-21, last validated on 2026-10-21. Rules are effective from 2026-01-01 to 2026-12-31. Published rule versions cannot be edited; corrections are released as a new version.
Calculation assumptions
- Employee receiving Panama-source salary from one employer.
- The alternative calculation is not applicable to an individual whose only income is salary and representation expenses from one source.
Coverage & limitations
Rule version PA-2026-v1 · Tax year 2026. See sources, monitoring and verification status.
- Representation expenses, deductible personal expenses and multiple income sources are not included.
- Independent professional verification pending.