Nicaragua has published Law No. 917/2015 in its Official Gazette, which introduces a new tax incentives scheme for export free trade zones. Under the scheme, qualifying companies operating in a zone will be eligible for the following incentives: A 10-year income tax exemption holiday, which may be extended a further 10 years, and a 60% income tax exemption once the holiday period expires; and An exemption from the following: Capital tax; Stamp duty; Indirect and excise taxes; Export taxes on products made domestically; Capital gains and transfer taxes on the alienation of immovable property, subject to certain conditions; and Import...