Nicaragua

Paying Taxes in

Nicaragua

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 1 online filing 67 24.8% taxable income 24.5
Social security contributions 12 76 16.92% gross salaries 18
Turnover tax 12 17.68% sales (purchase cost) 17.7
Assets tax 1 4.8% assessed total asset value 4.8 included in other taxes
Profit tax 1 10% distributed profits 2.9
Training tax 12 2.3% gross salaries 2.3
Real estate tax 1 1.48% property value 1.5
Value added tax (VAT) 1 online filing 64 value added not included
fuel tax 1 fixed fee included in fuel price
Totals: 42 207 66.8
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