Nicaragua vs Sri Lanka — Tax System Comparison
⚖️ 🇳🇮 Nicaragua vs 🇱🇰 Sri Lanka
|
🇳🇮 Nicaragua |
🇱🇰 Sri Lanka |
| Tax System |
Territorial
|
Worldwide
|
| Tax Authority |
Dirección General de Ingresos (DGI) |
Inland Revenue Department |
| Authority Website |
Visit |
Visit |
| Data Year |
2025 |
2025 |
📊 AT A GLANCE
| Metric |
🇳🇮 Nicaragua |
🇱🇰 Sri Lanka |
| Top Personal Income Tax |
30.00%
|
36.00%
|
| Effective Top PIT Rate |
30.00%
|
36.00%
|
| Corporate Tax Rate |
30.00%
|
30.00%
|
| VAT / GST |
15.00% (IVA)
|
18.00% (VAT)
|
| Tax System |
Territorial |
Worldwide |
| Tax Treaties |
1 |
46 |
💰 INCOME TAX RATES
| Rate | Nicaragua | Sri Lanka |
|---|
| Top PIT Rate |
30.00%
|
36.00%
|
| Effective Top PIT |
30.00%
|
36.00%
|
| Capital Gains Tax |
10.00%
|
10.00%
|
| CG Notes |
Capital gains on real property taxed at 10%. |
Capital gains on immovable property: 10%. Capital gains on listed shares: exempt. |
| SS Employee |
7.00% |
8.00% |
| SS Employer |
22.50% |
12.00% |
🏦 WITHHOLDING RATES
| Type | Nicaragua | Sri Lanka |
|---|
| Dividend WHT |
15.00%
|
15.00%
|
| Interest WHT |
15.00%
|
5.00%
|
| Royalty WHT |
15.00%
|
14.00%
|
📋 OTHER TAXES
| Tax | Nicaragua | Sri Lanka |
|---|
| Corporate Tax |
30.00%
|
30.00%
|
| Inheritance Tax |
—
|
—
|
| Wealth Tax |
—
|
—
|
🔧 TAX FEATURES
| Feature | Nicaragua | Sri Lanka |
|---|
| Personal Income Tax | Yes | Yes |
| Capital Gains Tax | Yes | Yes |
| Corporate Tax | Yes | Yes |
| VAT / GST | Yes | Yes |
| Wealth Tax | No | No |
| Inheritance Tax | No | No |
| Exit Tax | No | No |
| CFC Rules | No | No |
| Digital Services Tax | No | Yes |
| Crypto-Specific Rules | No | No |
| Participation Exemption | No | No |
| Territorial Exemption | Yes | No |
🌟 SPECIAL REGIMES
| Regime | Nicaragua | Sri Lanka |
|---|
| Digital Nomad Tax Regime |
No |
No |
| Non-Dom Regime |
No |
No |
📅 RESIDENCY & FILING
| Detail | Nicaragua | Sri Lanka |
|---|
| Residency Threshold |
180 days |
183 days |
| Residency Rules |
Resident if present in Nicaragua for 180+ days in a calendar year or if center of economic interests is in Nicaragua. |
Resident if present in Sri Lanka for 183+ days in a year of assessment. |
| Filing Deadline |
March 31 |
November 30 |
| Auto Extension |
No |
No |
| Filing Notes |
Annual return due within 3 months of fiscal year end. |
Annual return due November 30 following the year of assessment (April-March). |