Nicaragua taxes its citizens and all residents and non-residents on their income originating in Nicaragua. Taxable income that originates in Nicaragua obtained by non-residents or non-domiciled persons is determined as a percentage of gross income, depending on the nature of the income.
Residents are subject to income tax according to the progressive tax rates shown below:
* Nicaraguan córdobas
Non-residents, whether domiciled or not, who receive Nicaraguan-source income are subject to a 15% definitive WHT.
Last Reviewed - 17 December 2018