Nicaragua vs Uzbekistan
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.
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.
๐บ๐ฟ Uzbekistan โ Regional & Local Taxes
Uzbekistan's 14 regions (viloyatlar), Tashkent city, and the Republic of Karakalpakstan have limited independent tax powers. Local Councils of People's Deputies can set local tax rates within national frameworks. Local taxes include property tax on individuals, land tax for individuals, and water use tax (in rural areas). The State Tax Committee administers all major national taxes. Uzbekistan has undergone sweeping tax reforms since 2020 โ replacing a complex multi-rate VAT with a flat 12%, simplifying income and corporate tax.
Nicaragua vs Uzbekistan: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ฎ Nicaragua has a higher top income tax rate (0โ30% vs 12%). ๐บ๐ฟ Uzbekistan is more favourable for high earners.
๐ VAT/Sales Tax: Nicaragua has a higher consumption tax (15% vs 12%).
๐ข Corporate Tax: ๐บ๐ฟ Uzbekistan offers a lower corporate rate (15% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐บ๐ฟ Uzbekistan taxes investment gains at a lower rate (12% vs 15%), benefiting investors.