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Oman vs Nicaragua
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇴🇲 Oman
vs
🇳🇮 Nicaragua
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0%
No personal income tax
No change
0–30%
30% top; economic stability fragile
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
5%
5% maintained; Vision 2040 diversification
No change
15%
IVA 15% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
15%
15% maintained
No change
30%
30% IR maintained
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
15%
15% CGT
No change

Social Security & Payroll

Social Security / Payroll
~21.5%
PASI reform to improve adequacy
No change
~25.25%
INSS reform pending
No change
State, Regional & Local Taxes

🇴🇲 OmanGovernorate Fees & Levies

Oman's 11 governorates do not levy independent income or corporate taxes. The Tax Authority (OTA) administers national taxes centrally. Municipalities collect commercial registration fees and municipal development levies. Social protection (PASI) for Omani nationals is nationally administered. Oman introduced corporate income tax on foreign companies in the 1970s and has been expanding its tax base since the 2017 fiscal consolidation to reduce oil dependence. VAT was introduced in 2021.

🇳🇮 NicaraguaMunicipal 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.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Oman vs Nicaragua: Key Tax Differences (2026)

💰 Income Tax: 🇳🇮 Nicaragua has a higher top income tax rate (0% vs 0–30%). 🇴🇲 Oman is more favourable for high earners.

🛒 VAT/Sales Tax: Nicaragua has a higher consumption tax (5% vs 15%).

🏢 Corporate Tax: 🇴🇲 Oman offers a lower corporate rate (15% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇴🇲 Oman taxes investment gains at a lower rate (0% vs 15%), benefiting investors.

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