Caribbean & Atlantic
Trinidad and Tobago tax rates 2026
Income tax of 25%, rising to 30% above TTD 1m, a 30% corporate tax rate (35% for banks and large firms) and a 12.5% VAT.
Worldwide (residence-based)
Last verified
The taxes
| Personal income (top) | 30%25% up to TTD 1,084,000, and 30% above that. |
|---|---|
| Corporate income | 30% |
| Capital gains | None. Gains on assets sold within 12 months are taxed as income. |
| VAT | 12.5% |
| Dividends (WHT) | 10% |
| Interest (WHT) | 15% |
| Royalties (WHT) | 15% |
| Social security (employee) | Roughly 4.4%, covering NIS. |
| Social security (employer) | Roughly 8.8%, covering NIS. |
| Wealth tax | None |
| Inheritance / estate | None |
| Property tax | Property tax is back on the books. For residential property it runs to roughly 3% of the annual rental value. |
| Other | A fixed weekly health surcharge, plus a business levy and a green fund levy on companies. |
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Participating
Rates checked July 2026: the top marginal income tax rate, the standard VAT rate and the main corporate rate.