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Americas

Trinidad and Tobago

Currency

TTD

Corporate Tax

30%

Personal Income Tax

25%

VAT / GST

12.5%

Corporate Income Tax

Headline rate30%

Standard 30%; petroleum 50% (incl. supplement).

Personal Income Tax

Top marginal rate25%

Top rate 25% above TTD 360k/year; 0-25% scale (28% for high).

Value Added Tax / GST

Standard rate12.5%

Standard 12.5% (raised from 12.5%).

Withholding Taxes

Dividends

10%

Interest

15%

Royalties

15%

Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.

Social Security Contributions

NIS ~14.4% (employer ~7.2% + employee ~7.2%, capped).

Wealth & Capital Taxes

Capital Gains Tax

0% exempt shares / 25% on property gains

Inheritance / Estate Tax

0%

Capital (Net Worth) Tax

0%

Property Tax

Property tax ~5–7% of rent

Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.

Filing Deadlines

Corporate returnWithin 9 months after year-end; quarterly instalments
Personal / PAYEWithheld monthly; annual return by 31 March following year
VAT / GSTMonthly/bi-monthly, by 15th of following month

Tax Year

1 January – 31 December

Notes

Petroleum sector (50% special). Free zones and tourism incentives.