Fotonica non profit organization nicaragua

Missions, international bodies and international cooperation agencies and their representatives programs and projects funded by international cooperation implemented by non-profit organizations registered in the appropriate bodies and public programs and projects financed by international cooperation in accordance with conventions and agreements signed by the government of the Republic of Nicaragua, with the exception of those nationals serving in such representations and organizations. Legally constituted cooperatives up to or equal to an annual amount of forty million cordobas (C $ 40,000,000.00) as gross annual amount.Д¦. Non-profit organizations focused on nature or other related activities: sporting, artistic, scientific, educational, cultural, business associations, labor unions, political parties, Nicaraguan Red Cross, fire departments, charities and social welfare, indigenous communities organized as: civil associations, unions, foundations, federations, confederations and chambers having legal personality ДҐ. Churches, denominations, associations and religious foundations that have legal personality, in terms of their income from activities and assets exclusively for religious purposes Д¤. Powers of the State, ministries, municipalities, councils and regional and autonomous governments, autonomous and decentralized entities and other state agencies regarding their income from their activities or public law authority ДЈ. Universities and Higher Technical Education Centers, according to the article 125 of the Political Constitution of Nicaragua, as well as the vocational technical education centers Дў. Regarding the NPO, the LTC stipulates in its article 32, that the following subjects are exempt from the payment of income tax from economic activities, but subject to the conditions provided by the article 33 of such law, and only for those activities meeting those specified in their articles of incorporation:ДЎ. Additionally, this law applies to any not justified increment of patrimony and to incomes that are not expressly exempt by the law.

Capital income and income from capital gains and capital losses. The current вЂњLey de Concertacion TributariaвЂќ (Law of Tax Concertation, hereinafter the вЂњLTCвЂќ) applies in a separate manner the following sources of income of Nicaraguan source obtained by the taxpayer: 1. We will focus our attention on the Income Tax, which is the core of the discussion. We are going to address a very interesting topic that has been the object of discussion-and also of administrative remedies filed by non-profit organizations-in Nicaragua which is, the tax exemption that by nature the nonprofit organizations have, commonly called вЂњNPOвЂќ.

Fotonica non profit organization nicaragua