Simplified Tax Regime flat-rate tax
On previous occasions, we have talked extensively about the "three types of income tax" that we have in Nicaragua, which are Labor Income Tax, Income Tax from Economic Activities and Capital Income and Gains, but there is also a differentiated way of Taxing the Income of Economic Activities, for persons classified by the Law as "Small Taxpayers", and this differentiated way of taxing is known as “Fixed Flat-Rate”.
Sound marks according to the Nicaraguan Legislation
Our legislation establishes what signs may constitute a trade mark, and says: marks may include among others, a word or set of words, slogans and advertising slogans, letters, numbers, monograms, figures, portraits, labels, badges, prints, cartoons, borders, lines and stripes, and combinations and arrangements of colors, sounds and other perceptible signs such as odors. They may also consist of form, presentation or packaging of the products, their packaging or wrapping, the means or places of sale of products and services.
The prescription of national and municipal taxes- What you need to know.
Tax obligations can be extinguished in a number of ways ranging from payment of the obligation, through compensation and even the death of the taxpayer (as long as there are no heirs and no assets have been left to satisfy the obligation).
Migratory Incentives for Nicaraguans
If you are a Nicaraguan citizen who has resided abroad for at least two years, it is important that you know about regulations that represent a number of incentives if you wish to return to the country.
We refer to two laws in particular: (i) Law 535 "Special Law on Migration Incentives for Nicaraguan Residents Abroad, and (ii) Law 265" Law that Establishes Self-despatch for Import, Export and Other Regimes.
Labor Income Tax- What is it and What Income Does it Affect?
The Labor income Tax, created by article 11 of the Tax Concertation Law, is income derived from all kinds of consideration, remuneration or income, regardless of its denomination either in money or in kind and deriving from the personal work provided by the employee.