Kosovo 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.
๐ฝ๐ฐ Kosovo โ Municipal Taxes
Kosovo's 38 municipalities levy property tax (0.15%โ1% of market value), business registration fees, and local service charges. Pristina has the highest municipal fees. The Tax Administration of Kosovo (TAK) administers national taxes. Kosovo has one of Europe's youngest populations and lowest tax-to-GDP ratios (~17%). The economy relies heavily on remittances from the diaspora (~16% of GDP). Kosovo uses the euro as its currency despite not being an EU member, and has applied for EU candidate status.
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.
Kosovo vs Nicaragua: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ฎ Nicaragua has a higher top income tax rate (0โ10% vs 0โ30%). ๐ฝ๐ฐ Kosovo is more favourable for high earners.
๐ VAT/Sales Tax: Kosovo has a higher consumption tax (18% vs 15%).
๐ข Corporate Tax: ๐ฝ๐ฐ Kosovo offers a lower corporate rate (10% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ฝ๐ฐ Kosovo taxes investment gains at a lower rate (10% vs 15%), benefiting investors.