According to a publication in Panamacompra.gob.pa:
The Republic of Panama, through its Ministry of Economy and Finance (MEF) has received financing from the Inter-American Development Bank (IDB) and intends to apply part of the funds to execute a program for strengthening fiscal management.
The consulting services required, called "Development of Control System for Distribution and Installation of Tax Equipment" include: the design and operation of a computer system to control fiscal equipment, which must be implemented in the Department of Revenue (DGI) of the Ministry of Economy and Finance (MEF) of the Republic of Panama.
The control system of the fiscal equipment will be integrated with the DGI Tax Management system (e-Tax). The project must be developed in a WEB environment using the e-Tax technology platform and supported by the browsers: IE 8.0 or higher, Google Chrome 12.0 or higher, Firefox 6.0 + and Safari 5.0 or higher.
Source: Panamaamerica.com.pa
More on this topic
August 2011
Panamanian authorities have announced that the implementation of tax equipment in the province of Panama will be made gradually being completed by December 1.
A press release from the Ministry of Economy and Finance of Panama reads:
The implementation of fiscal equipment in the province of Panama will be made gradually, being completed by December 1, said Luis Cucalón, Director General of Revenue at the MEF, following the adoption in first debate on the draft law which amends some related tax measures in Law 76 of December 22, 1976 and Law 62 of October 15, 2010 by the Legislative Commission of Economy and Finance.
September 2011
In Panama, the state will assume the cost for fiscal printers for small businesses in the form of tax credits.
Panamanian businesses with turnovers of less than $36 thousand a year will have access to a tax credit for up to 100% of the value of the equipment. The credit is for the purchase of a single computer whose price can not exceed $850.
January 2011
As a measure to control tax evasion, the Revenue Executive Department will implement the use of electronic billing.
Officials of the Department of Revenue will report on the implementation and which companies will be required to sell under this system.
"We will 'outsource' the automation of the invoicing process.
November 2011
Starting on Friday November 18, the Panamanian provinces of Colon, Cocle and Chiriqui will begin implementing the use of fiscal printers for tax purposes.
A press release from the Ministry of Economy and Finance of Panama reads:
Starting on Friday November 18, the provinces of Colon, Cocle and Chiriqui will begin implementing the use of cash registers which are not connected to any computer applications.
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