Corporate Tax Rate in Trinidad And Tobago remained unchanged at 30 percent in 2021. source: Inland Revenue Division

Corporate Tax Rate in Trinidad And Tobago averaged 26 percent from 2012 until 2021, reaching an all time high of 30 percent in 2020 and a record low of 25 percent in 2013. This page provides - Trinidad And Tobago Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Trinidad And Tobago Corporate Tax Rate - values, historical data and charts - was last updated on June of 2021.

Corporate Tax Rate in Trinidad And Tobago is expected to reach 25.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Trinidad And Tobago Corporate Tax Rate is projected to trend around 25.00 percent in 2022, according to our econometric models.

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Trinidad And Tobago Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
30.00 30.00 30.00 25.00 2012 - 2021 percent Yearly

Trinidad And Tobago Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 30.00 30.00 30.00 25.00 percent [+]
Personal Income Tax Rate 25.00 25.00 25.00 25.00 percent [+]
Sales Tax Rate 12.50 12.50 15.00 12.50 percent [+]


Trinidad And Tobago Corporate Tax Rate
In Trinidad And Tobago, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Trinidad And Tobago.