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Nicaragua vs Türkiye: tax rates compared
Between the two, Türkiye's income tax rate (40.8%) tops Nicaragua's (30%) by 10.8pp. The 200-country average is 28%: both sit above it. Nicaragua's figure is dated 2026-01-12 and Türkiye's 2025-01-01, so the two rates come from different data vintages.
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 | TR | Difference |
|---|---|---|---|
| Income Tax | 30% | 40.8% | TR +10.8 pp |
| Corporate Tax | 30% | 25% | NI +5 pp |
| VAT | 15% | 20% | TR +5 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 |
| Türkiye | 40.8% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −10.8 pp | Türkiye higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Nicaragua | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Türkiye | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Nicaragua higher |
Between the two, Nicaragua's corporate tax rate (30%) tops Türkiye's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Nicaragua | 15% | Source: PWC Worldwide Tax Summaries — Nicaragua (Corporate, Other taxes) · as of 2026-01-12 |
| Türkiye | 20% | Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27 |
| Difference | −5 pp | Türkiye higher |
Between the two, Türkiye's VAT rate (20%) tops Nicaragua's (15%) by 5pp. The 181-country average is 15%: Nicaragua matches the world average, Türkiye sits above 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 |
| Türkiye | 0% | Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27 |
| Difference | +15 pp | Nicaragua higher |
Between the two, Nicaragua's capital gains tax rate (15%) tops Türkiye's (0%) by 15pp. The 175-country average is 10.3%: Nicaragua sits above it, Türkiye sits below it. Nicaragua's figure is dated 2025-10-01 and Türkiye's 2026-03-27, 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 |
| Türkiye | 0% | Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Nicaragua and Türkiye 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: Crypto Tax.