Panama Foundations offer the following tax advantages:

• No tax reporting requirements.
• No income tax.
• No capital gains tax.
• No interest income tax.
• No sales tax.
• No tax to beneficiaries.
• No beneficiary transfer tax.
• No capital tax.
• No property tax (for non-Panamanian property).
• No estate tax.
• No gift tax.
• No inheritance tax.
• No stamp tax
• No succession tax.
• No inventory tax