Trinidad And Tobago Sales Tax Rate - VAT | 2018 | 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.

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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 November of 2018.

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