Nicaragua vs Kuwait
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇳🇮 Nicaragua — Municipal Taxes
Nicaragua's 153 municipalities levy the Impuesto de Matrícula (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 — 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.
Nicaragua vs Kuwait: Key Tax Differences (2026)
💰 Income Tax: 🇳🇮 Nicaragua has a higher top income tax rate (0–30% vs 0%). 🇰🇼 Kuwait is more favourable for high earners.
🛒 VAT/Sales Tax: Nicaragua has a higher consumption tax (15% vs 5%).
🏢 Corporate Tax: 🇰🇼 Kuwait offers a lower corporate rate (15% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇰🇼 Kuwait taxes investment gains at a lower rate (0% vs 15%), benefiting investors.