Nicaragua vs Myanmar
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.
๐ฒ๐ฒ Myanmar โ Regional & Township Taxes
Myanmar's 7 states and 7 regions have limited tax powers under the 2008 constitution. Regional governments can levy taxes on specified items (e.g. paddy, petroleum products) and some commercial activities. Township authorities collect municipal fees and rates. The Internal Revenue Department (IRD) and Myanmar Customs are national. Since the 2021 coup, tax collection and compliance have been severely disrupted. Many businesses operate in shadow economy; FDI has largely fled.
Nicaragua vs Myanmar: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ฎ Nicaragua has a higher top income tax rate (0โ30% vs 0โ25%). ๐ฒ๐ฒ Myanmar is more favourable for high earners.
๐ VAT/Sales Tax: Nicaragua has a higher consumption tax (15% vs 0%).
๐ข Corporate Tax: ๐ฒ๐ฒ Myanmar offers a lower corporate rate (22% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ฒ๐ฒ Myanmar taxes investment gains at a lower rate (10% vs 15%), benefiting investors.