Nicaragua: Commercial tax rate
(measure: percent; Source: The World Bank (doing business survey))
* indicates monthly or quarterly data series
Nicaragua: Tax rate, percent of commercial profits: For that indicator, The World Bank (doing business survey) provides data for Nicaragua from 2005 to 2018. The average value for Nicaragua during that period was 62.09 percent with a minumum of 59.3 percent in 2014 and a maximum of 64.1 percent in 2011. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.