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Nicaragua News - Business, Taxation & Offshore



Nicaragua Urged To Plug Leaking VAT System

by Mike Godfrey, Tax-News.com, Washington

Tuesday, July 4, 2017

Nicaragua should reduce the complexity of its value-added tax system and overhaul exemptions to boost voluntary compliance rates, the International Monetary Fund (IMF) has said.Read Full Story


IMF Recommends Tax-Boosting Reforms For Nicaragua

by Mike Godfrey, Tax-News.com, Washington

Monday, May 8, 2017

Nicaragua should focus on broadening the country's tax base and further strengthening tax administration, the International Monetary Fund has said.Read Full Story


Nicaragua To Remove 35 Percent Tax On Colombian Goods

by Mike Godfrey, Tax-News.com, Washington

Thursday, March 2, 2017

Nicaragua is planning to repeal a 35 percent tax that it imposed on products from Colombia, introduced in 1999 as part of a territorial dispute.Read Full Story


Obama Implements Various Trade Tariff Changes

by Mike Godfrey, Tax-News.com, Washington

Tuesday, December 27, 2016

President Barack Obama has signed a proclamation that tidies up various outstanding trade tariff issues, including the implementation of US tariff preferences for Nepal and the Central African Republic.Read Full Story


South Korea, Central America Agree Free Trade Deal

by Mary Swire, Tax-News.com, Hong Kong

Thursday, November 17, 2016

On November 16, South Korea and the six Central American states – El Salvador, Guatemala, Honduras, Nicaragua, Panama, and Costa Rica – agreed the details of a free trade agreement, according to an announcement from the South Korean Ministry of Trade, Industry and Energy.Read Full Story


El Salvador, Bolivia Conclude Second Round Of Trade Talks

by Mike Godfrey, Tax-News.com, Washington

Friday, July 22, 2016

El Salvador and Bolivia on July 20-21, 2016, held a second round of negotiations towards a Partial Scope Agreement that would lower tariffs on trade between the two countries.Read Full Story



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