WorldTax Compareโ† All Comparisons

Nicaragua vs Mexico
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‡ฒ๐Ÿ‡ฝ Mexico
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
1.92โ€“35%
Rates stable; fiscal consolidation needed
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
IVA 15% maintained
No change
0โ€“16%
Standard 16% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
30%
30% IR maintained
No change
30%
30% maintained; Pillar Two discussions
No change
Capital Gains Tax
Capital Gains Tax
15%
15% CGT
No change
35%
No change
No change
Social Security & Payroll
Social Security / Payroll
~25.25%
INSS reform pending
No change
~35%
Nearshoring investment affecting payroll dynamics
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‡ฒ๐Ÿ‡ฝ Mexico โ€” State & Municipal Taxes

Mexico's 31 states and Mexico City each have their own regimes. States charge local payroll tax (Impuesto Sobre Nรณmina) at 1%โ€“4% (employer-paid). Municipal property tax (predial) rates vary significantly. Some states have lodging and entertainment levies. The Maquila sector benefits from special IMMEX programs. Nearshoring boom is driving new investment.

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 Mexico: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico has a higher top income tax rate (0โ€“30% vs 1.92โ€“35%). ๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Mexico has a higher consumption tax (15% vs 0โ€“16%).

๐Ÿข Corporate Tax: Corporate rates are similar in both countries (30% vs 30%).

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua taxes investment gains at a lower rate (15% vs 35%), benefiting investors.

Related Comparisons

๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ฆ๐Ÿ‡ฉ AndorraTax comparison๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ฒ๐Ÿ‡จ MonacoTax comparison๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ฑ๐Ÿ‡ฎ LiechtensteinTax comparison๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ธ๐Ÿ‡ฒ San MarinoTax comparison๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ง๐Ÿ‡ง BarbadosTax comparison๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡น๐Ÿ‡น Trinidad and TobagoTax comparison๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ง๐Ÿ‡ธ BahamasTax comparison๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ง๐Ÿ‡ฟ BelizeTax comparison๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ฆ๐Ÿ‡ฑ AlbaniaTax comparison๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ฆ๐Ÿ‡ด AngolaTax comparison๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ฆ๐Ÿ‡ท ArgentinaTax comparison๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua vs ๐Ÿ‡ฆ๐Ÿ‡ฒ ArmeniaTax comparison