Govt. to hike bank tax

Bnamericas Published: Wednesday, February 16, 2005
The government and congress of Nicaragua plan to raise taxes on banks, mines and casinos to cover this year's budget deficit, the AFP reported. Under the government's tax proposal, the tax on the interest that banks pay on deposits would rise from 0.6% to 1%.

To continue reading, subscribe to BNamericas to get all the information in this article and access to related news items and reports.

Subscribe to BNamericas and gain access to thousands of project profiles, key contacts and news.

Other projects

Get key information on thousands of projects in Latin America, from current stage, to capex, related companies, key contacts and more.

  • Project: Diamante
  • Current stage: Blurred
  • Updated: 2 days ago

Other companies in: Banking

Get critical information about thousands of Banking companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: CIBC World Markets Inc.  (CIBC World Markets)
  • CIBC World Markets Inc. is a Canadian broker-dealer and a subsidiary of the Canadian Imperial Bank of Commerce (CIBC) that provides investment banking, capital markets and lendi...
  • Company: Caixa Econômica Federal  (Caixa)
  • Founded in 1861, Brazil's Caixa Econômica Federal (CEF) is a government-controlled financial institution, operating under the Ministry of Finance, supports the federal governmen...
  • Company: Nordic Investment Bank  (NIB)
  • Nordic Investment Bank (NIB) offers long-term loans and guarantees on competitive market terms to its clients in the private and public sectors. NIB is an international financia...