Trinidad And Tobago Corporate Tax Rate2021 Data - 2022 Forecast

Name: Trinidad And Tobago Corporate Tax Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Trinidad And Tobago,Corporate Tax Rate,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

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 May of 2022.

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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Related	Last	Previous	Unit	Reference
Personal Income Tax Rate	25.00	25.00	percent	Dec 2021
Corporate Tax Rate	30.00	30.00	percent	Dec 2021
Sales Tax Rate	12.50	12.50	percent	Dec 2021

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.