Panama taxes gambling on a GGR basis; advisory sources report 10% of GGR payable monthly for operations within Panama, due within the first 10 days of the following month. Panama's territorial tax system means income from non-Panama-resident players is generally outside Panama-source taxation — operators serving only foreign players can operate at very low effective tax. Online services to non-residents are exempt from ITBMS/VAT.
Jurisdictions › Panama › Tax
Panama · Question 05 of 11
Tax: What is the tax take?
Favourable · Probable · AI-generated · Back to full Panama report →
Key section parameters
| Jurisdiction | Panama (PA) |
|---|---|
| Regulator | Recorded in register |
| Favourability | Favourable |
| Confidence | Probable |
| Review status | AI-generated |
| Last collected | 18 Oct 2026 |
Summary answer
Panama taxes gambling on a GGR basis; advisory sources report 10% of GGR payable monthly for operations within Panama, due within the first 10 days of the following month. Panama's territorial tax system means income from non-Panama-resident players is generally outside Panama-source taxation — oper…