The Personal Income Tax Rate in Nicaragua stands at 30 percent. source: General Directorate of Revenues

Personal Income Tax Rate in Nicaragua is expected to reach 30.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Personal Income Tax Rate is projected to trend around 30.00 percent in 2021, according to our econometric models.

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Nicaragua Personal Income Tax Rate


Related Last Previous Unit Reference
Personal Income Tax Rate 30.00 30.00 percent Dec/21
Corporate Tax Rate 30.00 30.00 percent Dec/21
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Nicaragua Personal Income Tax Rate
In Nicaragua, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Nicaragua.