The Fiscal Equity Law, Law Num. 453, published on May 6, 2003, in the Daily Official Gazette Num. 82, establishes that natural persons, artificial persons or economic units, resident or not in the country, who perceive rent originated in Nicaragua are subject to a definite retention ...
Commonly, conflicts are settled by a judicial organ, through which a legal expert issues a resolution according to legal criteria and provisions. Nowadays, the options to resolve conflicts are not only limited to the decision of a Judge, but there are alternative means characterized for being voluntary, confidential, economical, and expedite. These means are generally known as Alternative Dispute Resolution (ADR), which mainly include arbitration, mediation, and conciliation ...
This Law regulates the process of public indebtedness in order to assure that the financial necessities of the Government and its payment obligations are satisfied at a lower cost, assuring the capacity of payment of the country. The Public Debt is conceived as the faculty of the State or its institutions to obtain financial resources or not, with reimbursable character, from foreign or domestic creditors ...
