The Corporate Tax Rate in Trinidad And Tobago stands at 25 percent. source: Inland Revenue Division

Corporate Tax Rate in Trinidad And Tobago is expected to reach 25.00 percent by the end of 2020, 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 2021, according to our econometric models.

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Trinidad And Tobago Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
25.00 25.00 25.00 25.00 2012 - 2019 percent Yearly

Trinidad And Tobago Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 25.00 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.