National Urban Policy
Nicaragua is a unitary presidential republic, composed of autonomous regions, departments and municipalities. The constitution recognizes municipal political, administrative and financial autonomy. Within municipal revenues, subsidies and transfers have increased in recent years, especially for small municipalities, as opposed to local revenues, which have decreased with respect to the total percentage of municipal revenues. Among the most important tax revenues are the sales tax on goods or services, the registration or license tax and the property tax.
The departments correspond only to an administrative division of the territory; the regions are in charge of providing the main basic services and their autonomous statute empowers them to create regional taxes together with the central government.