presentación de pais nicaragua
TRANSCRIPT
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DISCOVER NICARAGUA120TH REGULAR SESSION ON LAND
VALUATION AND TAXATION (ICLPST)
NATIONAL AND LOCAL GOVERNMENT
FINANCING
NICARAGUA
PRESENTER: JORGE L. ICABALCETA
NATIONAL AUTONOMOUS UNIVERSITY OF
NICARAGUA (UNAN)
MANAGUA, NICARAGUA
TAOYUAN, TAIWAN, SEPTEMBER 26, 2013
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1 Corinthians 13:4-8
4 Love is patient, love is kind. It
does not envy, it does not boast, it is
not proud. 5 It does not dishonor
others, it is not self-seeking, it is not
easily angered, it keeps no record of
wrongs. 6 Love does not delight in
evil but rejoices with the truth. 7 It
always protects, always trusts,
always hopes, always perseveres.8
Love never fails.
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COUNTRY NAME: NICARAGUA
GEOGRAPHIC COORDINATES: 12 08 N, 86 15 W
TIME DIFFERENCE: UTC-6
ADMINISTRATIVE DIVISIONS:
15 DEPARTMENTS AND 2 AUTONOMOUS
REGIONS
NATIONAL HOLIDAY: INDEPENDENCE DAY
SEPTEMBER 15
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Executive Branch (Power)
Legislative Branch (Power)
Judicial Branch (Power)
Electoral Branch (Power)
President, Ministers
Unicameral Assembly, 92 members
Supreme Court, 9 Magistrates
Supreme Electoral Council, 5 Magistrates
Division of Powers in Nicaragua
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EXECUTIVE BRANCH
PRESIDENT AND HEAD OF STATE DANIEL
ORTEGA SAAVADRA
ELECTIONS HELD EVERY 6 YEARS FOR
PRESIDENT, VICEPRESIDENT, NATIONAL
ASSEMBLY
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Agriculture - products:
coffee, bananas, sugarcane, rice, corn,
tobacco, sesame, soya, beans; beef, veal,
pork, poultry, dairy products; shrimp, lobsters,
cotton
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Industries:
food processing, chemicals, machinery and
metal products, knit and woven apparel,
petroleum refining and distribution, beverages,
footwear, wood, electric wire harness
manufacturing, mining
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Exports - commodities:
coffee, beef, gold, sugar, peanuts, shrimp and
lobster, tobacco, cigars, automobile wiring
harnesses, textiles, apparel, cotton
Exports - partners:
US 54%, Canada 8.4%, Venezuela 7.4%, El
Salvador 4.5% (2012)
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Imports - commodities:
consumer goods, machinery and equipment,
raw materials, petroleum products
Imports - partners:
US 18.8%, Venezuela 14.4%, Mexico 12.1%,
Costa Rica 8.8%, China 7.8%, Guatemala
7.6%, El Salvador 5.1% (2012)
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LEGAL FRAMEWORK OF FISCAL
ADMINISTRATION
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Two levels of government
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• Constitution of Nicaragua
• Municipality law, its ammendmets and bylaws
• Municipal Arbitrage Plan
• Law of fiscal and commercial justice
• Law of fiscal equity
• Law of real estate
• Law of municipal solvency
• Law of circulation and vehicular regime
• Municipal Ordinances
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NATIONAL TAXES
1.Income tax (0-30%)
2.Dividends tax (30-35%)
3.Bequest, donations and tranfers tax (4%)
4.V.A.T (0-15%)
5.Selective consumption tax (0-100%)
6. Fiscal stamps
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DISCOVER NICARAGUALOCAL SOURCES OF REVENUE
CLASIFICATION
REVENUES
1. LOCAL TAXES
2. OTHER REVENUES
1.1- BUSINESS LICENSES
1.2- MUNICIPAL INCOME TAX
1.3- PROPERTY TAX
1.4- VEHICULE TAX
1.5- SPECIAL ACTIVITIES
2.1- USAGE FEE
2.2- SERVICE FEES
2.3- SPECIAL CONTRIBUTIONS
2.4. CENTRAL GOVERNMENT TRANSFERS (2.5% OF NATIONAL BUDGET FOR ALL MAYORALTIES)
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1. New business (1% of starting capital)
2. Established business (2%)
2. Mobile salesperson (various)
3. Cattle slaughter patent (various)
4. Petrochemical products are not taxed at the
municipal level but businesses do get a local
business license
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5. Local Income/Sales taxes (1%)
6. Banks pay 0.5% of the volume of operations
7. New construction and remo tax (1%) but
residential homes are exempt
8. Public events (5%) (festivals, concerts, etc)
9. Property tax (1% on the 80% of the
assessed value of the dwelling)
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10. Utilization of municipal areas
- Ramps
- Reserved Parking
- Advertising in public property
- Use of sidewalks, streets o public terrains
(municipal)
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10. Utilization of municipal areas (continued)
- Construction on public (municipal) areas
- Use of vacant lots
- Extraction of lumber, sand, stone, any other
materials from municipal areas
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11. Vehicular TaxCATEGORIA VEHICULAR IMPUESTO
1- Bicycle 25.00
2- Motorcycle 50.00
3- Agr. Tractors and Machinery 75.00
4- Cars, pickups, jeeps 100.00
5- Taxis and commercial pickups 125.00
6- Microbuses of commercial use 150.00
7- Buses of commercial use 300.00
8- Trucks less than 7 Ton. 400.00
9- Trucks until 12 Ton. 600.00
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12. Special contributions (User Charges)
a- Urban street improvement (paving)
b- Maintenance of rural roads and bridges
c- Entrance to swimming locations
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DISCOVER NICARAGUALocal Government
Collection Mechanisms Impact
• Voluntary payments (17.8%)
• Administrative collections (82%)
• Executive collections(0.2%)
17.8%
82.0%
0.2%
PVCA
CE
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Local government finance
example: the municipality of
Matagalpa in Nicaragua
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Composed of 111 communities and 88 neighborhoods
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Socioeconomics of the municipality of Matagalpa
Population: 200,000
Urban: 120, 000
Rural: 80,000
Annual population growth: 3.87% anual (1995 - 2000)
Population density: 312.18 inhabitantes/Km2
Temperature: 16°-25°C.
Climate: Rainy (June-december) and dry season.
Composed of 111 communities and 88 neighborhoods
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*Non-personal
services include
basic services,
leases, insurances,
office stationary,
tools, and other
48
35
116
Percent (%) Distribution of Expenditures Municipality of Matagalpa (C$117 million) 2011
Eco. Development projects Salaries non-personal services* Other expenditures
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Thanks for your
attention
Any questions??