Zimbabwe vs Nicaragua
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
🇿🇼 Zimbabwe — Local Authority Taxes
Zimbabwe's 10 provinces and urban/rural councils levy local government taxes including rates on immovable property (based on improved or site value), council fees, and local levies for services. Harare, Bulawayo, and other urban councils have the highest property rate tariffs. The Zimbabwe Revenue Authority (ZIMRA) administers national taxes. Zimbabwe has experienced hyperinflation (2007–2009 destroyed the ZWD; ZWL introduced 2019; ZiG introduced 2024). Tax collection is complicated by currency instability and dollarization.
🇳🇮 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.
Zimbabwe vs Nicaragua: Key Tax Differences (2026)
💰 Income Tax: 🇿🇼 Zimbabwe has a higher top income tax rate (0–41% vs 0–30%). 🇳🇮 Nicaragua is more favourable for high earners.
🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).
🏢 Corporate Tax: 🇿🇼 Zimbabwe offers a lower corporate rate (24.72% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇳🇮 Nicaragua taxes investment gains at a lower rate (15% vs 20%), benefiting investors.