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Nicaragua vs Solomon Islands: tax rates compared

Solomon Islands's income tax rate is 10pp higher than Nicaragua's (40% vs 30%). The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income30%40%Corporate30%Capital Gains0%15%Wealth Tax0%
four shared taxes, side by side
Tax NI SBDifference
Income Tax30%40%SB +10 pp
Corporate Tax30%30%match
Capital Gains Tax15%0%NI +15 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Nicaragua30%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Taxes on personal income) · as of 2026-01-12
Solomon Islands40%Source: Solomon Islands Inland Revenue Division — Income Tax · as of 2026-05-18
Difference−10 ppSolomon Islands higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nicaragua30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Solomon Islands30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Nicaragua's corporate tax rate is identical to Solomon Islands's — both sit at 30%. The 201-country average is 22.6%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Nicaragua15%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Nicaragua · as of 2025-10-01
Solomon Islands0%Source: Solomon Islands Inland Revenue Division — Tax Information · as of 2026-07-19
Difference+15 ppNicaragua higher

Nicaragua's capital gains tax rate is 15pp higher than Solomon Islands's (15% vs 0%). The 175-country average is 10.3%: Nicaragua sits above it, Solomon Islands sits below it. Nicaragua's figure is dated 2025-10-01 and Solomon Islands's 2026-07-19, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nicaragua0%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Other taxes) · as of 2026-01-12
Solomon Islands0%Source: Solomon Islands Inland Revenue Division · as of 2026-07-18
Difference0 ppdisplayed rates match

Nicaragua's wealth tax rate is identical to Solomon Islands's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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