Ghana or Nicaragua: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Ghana and Nicaragua weigh about the same on the taxpayer.

Ghana

4.7/10

132nd of 217

Tax Ghana Nicaragua Gap
Corporate income tax headline rate 25% 30% −5.0 points
Personal income tax top bracket 0% to 35% 0% to 30% +5.0 points
VAT standard rate 15% 15% Same rate

Detailed schedules

Corporate income tax

Ghana

General rate 25%
Upstream mining and oil 35%
Hospitality 22%
Banks lending to agriculture 20%
Non-traditional exports 8%

Nicaragua

n/a