Nicaragua or Rwanda: which taxes less?

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

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

Tax Nicaragua Rwanda Gap
Corporate income tax headline rate 30% 28% +2.0 points
Personal income tax top bracket 0% to 30% 0% to 30% Same rate
VAT standard rate 15% 18% −3.0 points

Detailed schedules

Corporate income tax

Nicaragua

n/a

Rwanda

General regime 28%
Kigali International Financial Centre approved activities, up to full exemption 3%
See the Nicaragua page See the Rwanda page