Taiwan vs Nicaragua
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.
๐น๐ผ Taiwan โ Municipal & County Tax Levies
Taiwan's 6 special municipalities (including Taipei, New Taipei, Kaohsiung), 3 cities, and 13 counties each levy local taxes including land value tax (1%โ5.5% of announced land value), house tax (1.5%โ3.6% on residential; 3%โ5% commercial), and vehicle license tax. Land Value Increment Tax (LVIT) on land price gains is a major revenue source. The National Taxation Bureau administers national income and business taxes.
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.
Taiwan vs Nicaragua: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐ผ Taiwan has a higher top income tax rate (5โ40% vs 0โ30%). ๐ณ๐ฎ Nicaragua is more favourable for high earners.
๐ VAT/Sales Tax: Nicaragua has a higher consumption tax (5% vs 15%).
๐ข Corporate Tax: ๐น๐ผ Taiwan offers a lower corporate rate (20% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐น๐ผ Taiwan taxes investment gains at a lower rate (0% vs 15%), benefiting investors.