title: Panama — Tax: What is the tax take? | advennt.io canonical: https://advennt.io/jurisdictions/panama/taxes/ [Jurisdictions](https://advennt.io/jurisdictions/) [Panama](https://advennt.io/jurisdictions/panama/) Tax Panama · Question 05 of 11 # Tax: What is the tax take? Favourable · Probable · AI-generated · [Back to full Panama report →](https://advennt.io/jurisdictions/panama/) 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… ## Full section analysis 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.