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Panama seeks to punish countries that blacklist it

The move could be directed at France, which put Panama back on its national blacklist of tax havens in April

AFP/PTI  |  Panama City 

The government of Panama announced a bill that would take a range of steps against countries that put it on their blacklists of "tax havens" in the wake of the Panama Papers revelations. The legislation would impose tax, trade and migration measures on companies or individuals from those countries that "engage in practices that discriminate or imply damage to economic interests" of Panama, a statement said. The move could be directed at France, which put Panama back on its national blacklist of tax havens in April following the Panama Papers reports, which showed ...

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First Published: Wed, August 03 2016. 11:22 IST
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