Nicaragua vs Bosnia and Herzegovina
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
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.
๐ง๐ฆ Bosnia and Herzegovina โ Entity & Cantonal Taxes
Bosnia and Herzegovina has one of the most fragmented tax systems in the world due to its Dayton Agreement structure. The two entities โ Federation of BiH (FBiH) and Republika Srpska (RS) โ have separate income tax, and FBiH further divides into 10 cantons that set their own rates. RS has a flat 10% income tax. FBiH has a 10% flat tax at the entity level but cantons add surtaxes of 0%โ30% of the income tax. Brcko District has its own tax administration. VAT and customs are administered federally.
Nicaragua vs Bosnia and Herzegovina: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ฎ Nicaragua has a higher top income tax rate (0โ30% vs 10โ13%). ๐ง๐ฆ Bosnia and Herzegovina is more favourable for high earners.
๐ VAT/Sales Tax: Bosnia and Herzegovina has a higher consumption tax (15% vs 17%).
๐ข Corporate Tax: ๐ง๐ฆ Bosnia and Herzegovina offers a lower corporate rate (10% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ฆ Bosnia and Herzegovina taxes investment gains at a lower rate (10% vs 15%), benefiting investors.