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Nicaragua Postcode type and position 5 digits on the line before the municipality name. Coding method 1 2 005 Coinage, District urban, Rural, Municipality/ Department Region postal Sr. Antonio Mendoza
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Nicaragua 120 is a form used for reporting income and expenses to the tax authorities in Nicaragua.
All individuals and businesses in Nicaragua who have income or expenses that need to be reported to the tax authorities are required to file Form 120.
Form 120 can be filled out either manually or electronically, depending on the preference of the filer. It is important to accurately report all income and expenses to avoid any penalties.
The purpose of Form 120 is to provide the tax authorities in Nicaragua with information about the income and expenses of individuals and businesses, in order to determine the appropriate tax liability.
On Form 120, one must report all sources of income, including wages, interest, dividends, and rental income, as well as any deductible expenses such as business expenses or charitable contributions.
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