Honduras vs Nicaragua
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ญ๐ณ Honduras โ Municipal Taxes
Honduras's 298 municipalities levy the Impuesto Personal sobre la Renta (IPSVR), property tax (on buildings and land), commercial activity tax (impuesto de industria, comercio y servicios at 0.3%โ0.5% of gross income), and vehicle tax. Tegucigalpa and San Pedro Sula have the highest municipal charges. The Servicio de Administraciรณn de Rentas (SAR) administers national taxes. Honduras has one of Latin America's highest inequality indices; tax evasion is widespread, particularly in informal sectors.
๐ณ๐ฎ Nicaragua โ Municipal Taxes
Nicaragua's 153 municipalities levy the Impuesto de Matrรญcula (2% of prior revenues), Impuesto Municipal sobre Ingresos (IMI at 1% of monthly revenues), property tax (IBI at 1%), and service fees. Nicaragua under Ortega government has faced significant economic disruption from 2018 protests and subsequent international isolation. The economy has stabilized somewhat but remains one of the poorest in Central America. Tax administration reform has been ongoing with support from international institutions.
Honduras vs Nicaragua: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ฎ Nicaragua has a higher top income tax rate (0โ25% vs 0โ30%). ๐ญ๐ณ Honduras is more favourable for high earners.
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).
๐ข Corporate Tax: ๐ญ๐ณ Honduras offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ญ๐ณ Honduras taxes investment gains at a lower rate (10% vs 15%), benefiting investors.