Kuwait vs Nicaragua
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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๐ฐ๐ผ Kuwait โ No Sub-National Tax Variation
Kuwait is a city-state with no local or regional income taxes. All taxation is national. Kuwait has no income tax on individuals (citizens or expatriates). Foreign companies operating in Kuwait pay corporate income tax at 15%. National Labour Support Tax (NLST) at 2.5% applies to Kuwaiti listed company profits. Zakat at 1% applies to Kuwaiti company profits. The Kuwait Investment Authority (KIA) manages the state's sovereign wealth fund, which generates significant non-tax revenue reducing fiscal dependency.
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.
Kuwait vs Nicaragua: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ฎ Nicaragua has a higher top income tax rate (0% vs 0โ30%). ๐ฐ๐ผ Kuwait is more favourable for high earners.
๐ VAT/Sales Tax: Nicaragua has a higher consumption tax (5% vs 15%).
๐ข Corporate Tax: ๐ฐ๐ผ Kuwait offers a lower corporate rate (15% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ฐ๐ผ Kuwait taxes investment gains at a lower rate (0% vs 15%), benefiting investors.