Nicaragua telecoms chamber seeks to eliminate tax on mobiles
Nicaraguan telecoms association Canitel has asked the government to eliminate the selective excise tax known as ISC imposed on mobile phones.
Canitel's president Hjalmar Ayestas said the association has been lobbying to end the tax for two years as it has a negative impact on equipment providers and end customers, reported newspaper La Prensa.
According to Ayestas, the price of mobile phones is particularly high in Nicaragua because of the 20% ISC, on top of value-added tax of 15%.
Despite the high costs of mobile phones, Nicaragua had a mobile penetration rate of 122% in 2016.
Last year the country reported 4.8mn mobile lines, of which 1.2mn had mobile internet connections.
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