Reversal in Air Freight Collection

In Nicaragua, authorities reported a decision to suspend collection of the additional fee of $0.05 for each kilogram exported or imported by air.

Friday, June 7, 2019

The extra charge came into effect last April 25, but from the beginning the private sector spoke out against it, because it was argued that the tariff that the Nicaraguan government would apply, would put some local companies on the border of closure and cause a decrease of about $50 million annually.

See "More Costs in Times of Crisis" and "Fisheries Sector Loses Competitiveness"

The decision to abolish the collection was communicated by the Empresa Administradora del Aeropuerto Internacional (EAAI) to the Asociación de Productores y Exportadores de Nicaragua (Association of Producers and Exporters of Nicaragua) on June 6. reports that the letter sent to the businessmen, signed by the commercial administrative manager of EAAI, Flavia Mendoza, explains that "... By this means, the application of the tariff for airport security inspection of the cargo, is suspended from the date. It is worth mentioning that although it had been reported that the charge for this fee would be applied from April 25, 2019, the same was not carried out (never charged)'.

The tariff that was abolished was created in the context of the implementation of the tax reform that was approved this year in the country, since in February the National Assembly approved a tax reform that increases from 1% to 3% the income tax of large taxpayers.

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