- Income tax brackets updated
Top income tax
30.0%
Worldwide system
Corporate tax
30.0%
VAT
12.5%
standard rate
Tax residency
183 days
16 tax treaties
Trinidad and Tobago tax profile
Data year: 2026
- Tax system
- Worldwide Trinidad and Tobago taxes residents on worldwide income. Non-residents are taxed on income accruing in or derived from Trinidad and Tobago.
- Top PIT rate
- 30.0%
- Corporate tax rate
- 30.0%
- VAT
- 12.5%
- Capital gains tax
- No Capital Gains Tax
- Social security (employee)
- 5.4%
- Social security (employer)
- 10.8%
- Social security cap (annual)
- TTD 163,200
- Dividend withholding
- 10.0%
- Interest withholding
- 15.0%
- Royalty withholding
- 15.0%
- Treaty count
- 16
Income tax brackets
Corporate
| Bracket min | Bracket max | Rate |
|---|---|---|
| TTD 0 | and above | 30.0% |
Personal income
| Bracket min | Bracket max | Rate |
|---|---|---|
| TTD 0 | TTD 1,000,000 | 25.0% |
| TTD 1,000,000 | and above | 30.0% |
Tax residency
- Days threshold
- 183 days
- Residency rules
- An individual is considered resident for tax purposes if present in Trinidad and Tobago for more than 183 days in any calendar year.
- Exit tax
- No
- CFC rules
- No
Filing information
- Fiscal year
- 01-01 – 12-31
- Filing deadline
- April 30
- Extension deadline
- October 31
- Auto extension
- Available
Sources
- Income Tax Act Chap. 75:01 (consolidated 2024) (accessed Oct 9, 2026) Third Schedule PIT 25%/30% on chargeable income; s.18 personal allowance TTD 90,000; worldwide charging provision
- PwC Trinidad and Tobago Tax Summary (accessed Oct 9, 2026) PIT, CIT 30%, VAT, WHT, residency 183 days, business levy, filing 30 April with six-month grace
- NIBTT contribution rates 2026 (accessed Oct 9, 2026) National Insurance 16.2% (5.4% employee / 10.8% employer) from 5 January 2026; monthly insurable ceiling TTD 13,600
- Ministry of Finance — double taxation treaties (accessed Oct 9, 2026) Listed double taxation relief orders and Spain convention
- OECD BEPS peer review — Trinidad and Tobago (accessed Oct 9, 2026) Reports 16 tax agreements in force including CARICOM multilateral