Transfer Pricing · Form 930 · Panama · Ex-DGI

Panama Transfer Pricing —
Form 930 Documentation
and Compliance

Expert Panama transfer pricing documentation — Form 930 preparation, comparability analysis and DGI defense. Former DGI official with direct TP expertise.

Why Góndola & Góndola
  • Form 930 — contemporaneous documentation
  • Comparability analysis and benchmarking
  • Related-party transaction identification
  • Defense against DGI TP assessments
  • Advance Pricing Agreements (APAs)
  • Ex-DGI official with direct TP experience
Our Expertise

Why Góndola & Góndola

Panama's transfer pricing rules under Decree 390 require companies with related-party transactions exceeding B/.3 million to prepare contemporaneous Form 930 documentation meeting OECD standards.

Our founding attorney was a DGI official specializing in transfer pricing — giving us unique insight into exactly how the DGI examines Form 930 files and what triggers assessments.

Ex-DGI Official

Deep insight into Panama's tax authority processes.

Cornell University MPA

Master in Public Administration — law, economics and policy.

Direct partner access

You always deal directly with the attorney handling your case.

Panama Bar No. 17,005

Licensed attorney in the Republic of Panama.

DE390
Decree
B/.3M
Filing Threshold
930
Form
OCDE
Standard

"Having worked inside the DGI's transfer pricing unit taught me exactly what they look for — and exactly what documentation gaps lead to assessments."

— Lic. José Manuel Góndola Escudero · Idoneidad No. 17,005
Services

What we provide.

Form 930 Preparation

Complete Form 930 preparation with all required schedules and contemporaneous documentation.

Functional Analysis

Characterization of related-party transactions by function, assets and risks.

Comparability Analysis

Benchmarking using Panama and international comparable databases.

TP Method Selection

Selection and documentation of the most appropriate TP method for each transaction type.

DGI Defense

Defense of Form 930 filings under DGI examination. Preparation of technical responses.

Advance Pricing Agreement

Negotiation of APA with the DGI for prospective certainty on TP methodology.

Process

How we work.

01

Transaction Mapping

We identify all related-party transactions subject to Panama TP rules.

02

Economic Analysis

Functional analysis, risk assessment and method selection for each transaction type.

03

Documentation Package

Preparation of the complete Form 930 and supporting TP documentation file.

04

Filing and Defense

Filing with the DGI and defense support if the file is subject to examination.

Cases

Matters we handle.

Manufacturing company — Form 930

Annual TP documentation for Panama manufacturing company with parent in Colombia and US.

Annual TP

Financial transactions — interest rates

Documentation of intercompany loan interest rates using comparable uncontrolled price method.

Financial TP

DGI examination defense

Defense of Form 930 under DGI audit — technical responses and comparability arguments.

TP Defense
FAQ

Questions answered.

Who must file Form 930?

Companies that carry out transactions with related parties (parent, subsidiaries, affiliates) exceeding B/.3 million in the fiscal year.

What methods are accepted?

Panama accepts all OECD methods: comparable uncontrolled price, resale price, cost plus, transactional net margin and profit split.

What are the penalties for not filing?

Automatic fines for non-filing, plus the DGI can presume transfer prices and issue substantial additional ISLR assessments.

How detailed must the documentation be?

The documentation must include a functional analysis, economic analysis, method selection and benchmarking — contemporaneous with the transactions.

What is an APA?

An Advance Pricing Agreement is a bilateral agreement with the DGI that fixes the TP methodology and pricing for future transactions, providing certainty and protection from assessments.

Get in Touch

Prepare your
Form 930 now.

Confidential consultation. We assess your related-party transactions and provide a complete TP plan.

Office

Torre Banesco, P19 · Panamá