Trinidad And Tobago Sales Tax Rate - VAT | 2019 | Data | Chart

The Sales Tax Rate in Trinidad And Tobago stands at 12.50 percent. Sales Tax Rate in Trinidad And Tobago averaged 13.50 percent from 2014 until 2018, reaching an all time high of 15 percent in 2015 and a record low of 12.50 percent in 2016.

Sales Tax Rate in Trinidad And Tobago is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Trinidad And Tobago Sales Tax Rate - VAT is projected to trend around 13.00 percent in 2020, according to our econometric models.

Trinidad And Tobago Sales Tax Rate - VAT

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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 Sales Tax Rate - VAT

In Trinidad And Tobago, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Trinidad And Tobago. This page provides - Trinidad And Tobago Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. Trinidad And Tobago Sales Tax Rate - VAT - actual data, historical chart and calendar of releases - was last updated on May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	12.50	12.50	15.00	12.50	2014 - 2018	percent	Yearly

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Country	Last		Previous	Range
Italy	22.00	Dec/19	22	22 : 20	%
Argentina	21.00	Dec/19	21	21 : 21	%
Netherlands	21.00	Dec/19	21	21 : 17.5	%
Spain	21.00	Dec/19	21	21 : 16	%
Euro Area	20.80	Dec/18	20.8	20.8 : 13.5	%
France	20.00	Dec/19	20	20 : 19.6	%
Russia	20.00	Dec/19	18	20 : 18	%
United Kingdom	20.00	Dec/19	20	20 : 8	%
Germany	19.00	Dec/19	19	19 : 16	%
India	18.00	Dec/19	18	18 : 12.36	%
Turkey	18.00	Dec/19	18	18 : 18	%
Brazil	17.00	Dec/19	17	17 : 17	%
Mexico	16.00	Dec/19	16	16 : 15	%
South Africa	15.00	Dec/18	14	15 : 14	%
China	13.00	Dec/19	16	17 : 13	%
Australia	10.00	Dec/19	10	10 : 10	%
Indonesia	10.00	Dec/19	10	10 : 10	%
South Korea	10.00	Dec/19	10	10 : 10	%
Japan	8.00	Jan/19	8	8 : 5	%
Switzerland	7.70	Dec/19	7.7	8 : 7.6	%
Singapore	7.00	Dec/19	7	7 : 5	%
Canada	5.00	Dec/19	5	7 : 5	%
Saudi Arabia	5.00	Jan/18	5	5 : 5	%
United States	0.00	Dec/19	0	0 : 0	%