Affidavit of Income

At Sterling we are ready to walk you through the management of your income tax returns for both legal and natural persons. Due to its frequency, this return is annual and must be submitted within the following three (3) months,. at the end of the taxpayer's fiscal year at the offices of the Regional Revenue Administrations.


Natural Person

For those who request tax refunds, independent professionals and business under natural persons.

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Legal Entity

For legal entities must file their tax declaration to the DGI. Taxpayers with more than one business or establishment must file a single Income Tax return for all their income; even in cases where special provisions require or authorize separate accounting.

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Tax Return Deadlines ISR

Natural Person: March 15 of each year or end of fiscal period.
Legal Entities: March 31 of each year or end of fiscal period..

Tex Return Extensions ISR

Taxpayers may request an extension for the presentation of the income statement, which will be until April 15 for natural persons, April 30 for legal entities.

Reference: General Directorate of Revenue

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How can we help?

We help you plan your accounting and tax processes. Write to us and our experts will review your request as soon as possible.

Bloc Office Hub, Seventh Floor, Santa Maria Business District, Panama, Republic of Panama.

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