NI · AmericasTH · Asia
Nicaragua vs Thailand: tax rates compared
Thailand has an income tax rate of 35%, 5pp above Nicaragua's 30%. The 200-country average is 28%: both sit 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 | NI | TH | Difference |
|---|---|---|---|
| Income Tax | 30% | 35% | TH +5 pp |
| Corporate Tax | 30% | 20% | NI +10 pp |
| VAT | 15% | 7% | NI +8 pp |
| Capital Gains Tax | 15% | 0% | NI +15 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Nicaragua | 30% | Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Taxes on personal income) · as of 2026-01-12 |
| Thailand | 35% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02 |
| Difference | −5 pp | Thailand higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Nicaragua | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Thailand | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Nicaragua higher |
Nicaragua has a corporate tax rate of 30%, 10pp above Thailand's 20%. The 201-country average is 22.6%: Nicaragua sits above it, Thailand sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Nicaragua | 15% | Source: PWC Worldwide Tax Summaries — Nicaragua (Corporate, Other taxes) · as of 2026-01-12 |
| Thailand | 7% | Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02 |
| Difference | +8 pp | Nicaragua higher |
Nicaragua has a VAT rate of 15%, 8pp above Thailand's 7%. The 181-country average is 15%: Nicaragua matches the world average, Thailand sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Nicaragua | 15% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Nicaragua · as of 2025-10-01 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | +15 pp | Nicaragua higher |
Nicaragua has a capital gains tax rate of 15%, 15pp above Thailand's 0%. The 175-country average is 10.3%: Nicaragua sits above it, Thailand sits below it. Nicaragua's figure is dated 2025-10-01 and Thailand's 2026-02-02, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Nicaragua | 0% | Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Other taxes) · as of 2026-01-12 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02 |
| Difference | 0 pp | displayed rates match |
Nicaragua and Thailand 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.