IM · Europe ↔ NI · Americas

Isle of Man vs Nicaragua: tax rates compared

Between the two, Nicaragua's corporate tax rate (30%) tops Isle of Man's (0%) by 30pp. The 201-country average is 22.6%: Isle of Man sits below it, Nicaragua sits above it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%IM 0%NI 30%
Corporate Tax, side by side
CountryRateSource
Isle of Man0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Nicaragua30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−30 ppNicaragua higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%IM 0%NI 0%
Wealth Tax, side by side
CountryRateSource
Isle of Man0%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Other taxes) · as of 2026-02-06
Nicaragua0%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Other taxes) · as of 2026-01-12
Difference0 ppdisplayed rates match

There's no gap here — Isle of Man and Nicaragua both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.