IQ · AsiaNI · Americas
Iraq vs Nicaragua: tax rates compared
Nicaragua has an income tax rate of 30%, 15pp above Iraq's 15%. The 200-country average is 28%: Iraq sits below it, Nicaragua sits above it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | IQ | NI | Difference |
|---|---|---|---|
| Income Tax | 15% | 30% | NI +15 pplargest gap |
| Corporate Tax | 15% | 30% | NI +15 pp |
| VAT | 0% | 15% | NI +15 pp |
| Capital Gains Tax | 0% | 15% | NI +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 15% | Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24 |
| Nicaragua | 30% | Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | −15 pp | Nicaragua higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Nicaragua | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −15 pp | Nicaragua higher |
Nicaragua has a corporate tax rate of 30%, 15pp above Iraq's 15%. The 201-country average is 22.6%: Iraq sits below it, Nicaragua sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: PWC Worldwide Tax Summaries — Iraq (Corporate, Other taxes) · as of 2026-06-24 |
| Nicaragua | 15% | Source: PWC Worldwide Tax Summaries — Nicaragua (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | −15 pp | Nicaragua higher |
Nicaragua has a VAT rate of 15%, 15pp above Iraq's 0%. The 181-country average is 15%: Iraq sits below it, Nicaragua matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01 |
| Nicaragua | 15% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Nicaragua · as of 2025-10-01 |
| Difference | −15 pp | Nicaragua higher |
Nicaragua has a capital gains tax rate of 15%, 15pp above Iraq's 0%. The 175-country average is 10.3%: Iraq sits below it, Nicaragua sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: PWC Worldwide Tax Summaries — Iraq (Individual, Other taxes) · as of 2026-06-24 |
| Nicaragua | 0% | Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Other taxes) · as of 2026-01-12 |
| Difference | 0 pp | displayed rates match |
Iraq and Nicaragua share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.