Requirements for the Deductibility of Costs and Expenses
Experience shows that when the Tax Administration conducts audits of companies’ Income Tax, the most common adjustments made are to EXPENSES, which consequently increase the taxpayer’s taxable income and result in the payment of higher taxes than those declared and paid. In Nicaragua, the Income Tax (IR) for Economic Activities is 30% of the NET […]
10 Legal Tips for Companies in Times of Crisis
The current context demands that companies exercise greater diligence in managing their operations and maintain order and clarity regarding the legal aspects of those operations. Below is a list of 10 legal tips that companies should consider to minimize contingencies and achieve greater resilience in this time of crisis: