ITBMSImpuesto a la Transferencia de Bienes Muebles y Prestación de Servicios (Spanish: Tax on Property Transfer and Service; Panama)
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James Jafolla, President of Surface Optics Corporation, presented at the 13th International IR Target and Background Modeling & Simulation Workshop (ITBMS) convened in Banyuls-sur-mer, France.
The ITBMS 2018 workshop ran from June 11-14 and was co-organized by ONERA, The French Aerospace Lab and Fraunhofer IOSB Fraunhofer (Institute of Optronics, System Technologies and Image Exploitation).
With up to six years to start their projects, investors interested in developing hotel infrastructure in the interior of the country have until 2020 to benefit from the tax incentives which include exemption from import tax, including transfer tax on goods and services (ITBMS), for 20 years for the purchase of equipment, furniture, fittings and equipment used in the construction and equipping of the complex;