Nicaragua vs Senegal
Tax Rate Comparison
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💰 Personal Income Tax Calculator
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🇳🇮 Nicaragua — Municipal Taxes
Nicaragua's 153 municipalities levy the Impuesto de Matrícula (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.
🇸🇳 Senegal — Regional & Communal Taxes
Senegal's 14 regions and 557 communes levy the Contribution Foncière des Propriétés Bâties (CFPB — built property tax), contribution of licences (business tax), and local service fees. The Direction Générale des Impôts et Domaines (DGID) administers national taxes. Dakar is the dominant economic hub. Senegal recently became an oil and gas producer (Sangomar field 2024), which is transforming its fiscal landscape. The WAEMU (West African Economic and Monetary Union) coordinates some tax policy across 8 member states.
Nicaragua vs Senegal: Key Tax Differences (2026)
💰 Income Tax: 🇸🇳 Senegal has a higher top income tax rate (0–30% vs 0–40%). 🇳🇮 Nicaragua is more favourable for high earners.
🛒 VAT/Sales Tax: Senegal has a higher consumption tax (15% vs 18%).
🏢 Corporate Tax: Corporate rates are similar in both countries (30% vs 30%).
📈 Capital Gains: 🇳🇮 Nicaragua taxes investment gains at a lower rate (15% vs 25%), benefiting investors.