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Nicaragua vs Chile
Tax Rate Comparison

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

๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua
vs
๐Ÿ‡จ๐Ÿ‡ฑ Chile
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0โ€“30%
30% top; economic stability fragile
No change
0โ€“40%
Rates stable; Boric administration reforms settling
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
IVA 15% maintained
No change
19%
19% flat; no change
No change
Corporate Tax Rate
Corporate Tax Rate
30%
30% IR maintained
No change
27%
Large corp 27% stable; Pillar Two for MNCs
No change
Capital Gains Tax
Capital Gains Tax
15%
15% CGT
No change
0โ€“22%
No major reform expected
No change
Social Security & Payroll
Social Security / Payroll
~25.25%
INSS reform pending
No change
~35%
Pension reform adding 6% employer contribution gradually
No change
State, Regional & Local Taxes

๐Ÿ‡ณ๐Ÿ‡ฎ 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.

๐Ÿ‡จ๐Ÿ‡ฑ Chile โ€” Municipal & Regional Taxes

Chile's 16 regions and 346 municipalities do not levy separate income taxes. Municipalities charge patente municipal (business licence fee) based on capital, typically 0.25%โ€“0.5% of net equity/year, capped at ~$8,000 USD. Property tax (contribuciones de bienes raรญces) is national in structure but rates vary 0.075%โ€“1.2% by property type. The SII (tax authority) is national. The Royalty Minero (mining royalty) is a significant revenue source in copper-producing regions.

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

Nicaragua vs Chile: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡จ๐Ÿ‡ฑ Chile has a higher top income tax rate (0โ€“30% vs 0โ€“40%). ๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Chile has a higher consumption tax (15% vs 19%).

๐Ÿข Corporate Tax: ๐Ÿ‡จ๐Ÿ‡ฑ Chile offers a lower corporate rate (27% vs 30%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua taxes investment gains at a lower rate (15% vs 22%), benefiting investors.

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