Nicaragua: Excessive Bureaucracy in Exemptions for AgricultureProducers are complaining about a lack of agility and excessive paperwork in the process to request tax exemptions for the purchase of equipment and farm machinery.Thursday, January 22, 2015
Agricultural producers argue that they can not easily access the exemptions for the purchase of equipment which is established in the recently passed Tax Act. Although it has been stated that within three months the necessary reforms will be made for the exemptions to given on products and not producers, the current requirements are delaying procedures and access to the incentive on the part of the producers. Source: elnuevodiario.com.ni Easier Paperwork in NicaraguaJanuary 2016 The private sector is studying a government proposal designed to ease and reduce the number of formalities which need to be completed for exports and construction. Stifling Bureaucracy at Airport in ManaguaDecember 2014 Nicaraguan businessmen are complaining that the procedures that must be undertaken by travelers when entering and leaving the country are excessive and are affecting the image of Nicaragua as a tourist destination. Nicaragua: Tax Exemptions MaintainedNovember 2014 With the consent of the private sector, the government has announced that it will remove from the Tax Coalition Law the article which establishes an end to exemptions on December 31st this year.
Nicaragua: Exemptions and Tax ExonerationsAugust 2012 The projected tax reform is a battlefield for the competing interests of the various productive sectors.
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