Bolivar's Telegraph
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Panama gave in to Colombian demands and now negotiates a tax information sharing treaty.
Bananama Republic (https://www.bananamarepublic.com/tag/tax-evasion/)
Panama gave in to Colombian demands and now negotiates a tax information sharing treaty.
Well, that's a first battle won by France right there if you ask us. Who wants to guarantee a loan by a bank as stupid as CitiBank for an even more stupid project - the metro - done by a government that will most likely just steal all the money and leave France holding the bag then anyway?
Panama hypers have been promoting our third world hellhole as a paradise where tax dodgers, money launderers and hustlers could enjoy unlimited financial privacy and bullet-proof asset protection. All those who actually believed that crap are now royally screwed. We told you so!
This is how we do business in Panama. High level crooks don't pay taxes on anything. All others pay for lousy public services and to maintain our glorious system of total corruption.Viva investment grade!