Trinidad and Tobago
Caribbean · TT · 17 treaties
What are the main tax rates in Trinidad and Tobago?
The top personal income tax rate is 25%, the corporate tax rate is 30%, and the standard VAT rate is 12.5%.
Tax profile
| Corporate income tax | 30% |
| Withholding — dividends | 0% |
| Withholding — interest | 0% |
| Withholding — royalties | 0% |
| VAT / GST (standard) | 12.5% |
| Personal income (top rate) | 25% |
| Capital gains | n/a |
| Tax system | Worldwide |
| Residency threshold | 183 days |
| Exit / departure tax | No |
| CFC rules | No |
| Transfer pricing | Basic |
| Digital nomad visa | No |
| Digital services tax | none |
| Global minimum tax (Pillar 2) | None |
Common questions
- How long does it take to become a tax resident in Trinidad and Tobago?
- Tax residency is established after spending 183 days in Trinidad and Tobago.
- Are there withholding taxes on dividends in Trinidad and Tobago?
- There are no dividend withholding taxes in Trinidad and Tobago, with a rate of 0%.
- Does Trinidad and Tobago have a golden visa program?
- Yes, Trinidad and Tobago offers a golden visa program with a minimum investment of $220,000 USD.
Tax residency
Easy to leaveWhat makes you a tax resident — and how hard it is to stop being one.
- present in Trinidad and Tobago for more than 183 days in any calendar year
Official guidance points to a day-count test only: once the individual is no longer present for more than 183 days in a calendar year, residence should end. The guidance does not mention citizenship, domicile, or any trailing residence test for individuals.
Source: Ministry of Finance, Trinidad and Tobago
Tax treaty network (21)
In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.
| Partner | Div | Int | Roy |
|---|---|---|---|
| Austria | — | — | — |
| Barbados | — | — | — |
| Belgium | — | — | — |
| Canada | 10% | 15% | 15% |
| China | 10% | 10% | 15% |
| Cuba | — | — | — |
| Denmark | — | — | — |
| Finland | — | — | — |
| France | 10% | 10% | 15% |
| Germany | 10% | 15% | 15% |
| India | 10% | 10% | 15% |
| Italy | 10% | 10% | 15% |
| Luxembourg | 10% | 10% | 15% |
| Portugal | — | — | — |
| Spain | 10% | 8% | 15% |
| Sweden | 10% | 15% | 15% |
| United Kingdom | 10% | 10% | 15% |
| Brazil | 10% | 15% | 15% |
| Switzerland | 10% | 10% | 15% |
| United States of America | 10% | 20% | 15% |
| Venezuela | 10% | 15% | 15% |