FACTOID # 3: People in Germany, Belgium, Hungary and Sweden have to pay almost half their salaries in tax.
 
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Taxation Statistics > Total tax rate > % of profit > Nicaragua (historical data)

VIEW DATA:   Values  
Definition     Source      Printable version   
Date   Amount    Rank   
2009   63.2    #27   
2008   63.2    #28   
2007   63.5    #28   
2006   63.5    #28   
2005   63.5    #28   


DEFINITION: Total tax rate is the total amount of taxes payable by businesses (except for labor taxes) after accounting for deductions and exemptions as a percentage of profit.

SOURCE: World Bank, Doing Business project (http://www.doingbusiness.org/).
   
 

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