Angola vs Trinidad and Tobago
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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๐ฆ๐ด Angola โ Provincial & Municipal Taxes
Angola's 18 provinces have provincial governments that collect local taxes including property rates, business activity fees, and vehicle taxes. The Agรชncia Geral Tributรกria (AGT) administers all national taxes. Angola is sub-Saharan Africa's second-largest oil producer; petroleum revenues have historically dominated the budget. Significant reform has occurred since 2018 under President Lourenรงo โ VAT was introduced in 2019, replacing the consumption tax, and income tax compliance has improved substantially. Diamond mining is the other major extractive sector.
๐น๐น Trinidad and Tobago โ Municipal & Regional Corporations
Trinidad and Tobago's 14 regional/municipal corporations (including Port of Spain City Corporation) levy property taxes and business licence fees. T&T is a significant energy producer in the Caribbean โ natural gas and oil revenues are major fiscal pillars. The country uses a Business Levy (0.6% of gross sales as minimum tax) and a Green Fund Levy (0.3%). T&T has the highest per-capita income in the Caribbean and a well-developed financial services sector.
Angola vs Trinidad and Tobago: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐น Trinidad and Tobago has a higher top income tax rate (0โ25% vs 25โ30%). ๐ฆ๐ด Angola is more favourable for high earners.
๐ VAT/Sales Tax: Angola has a higher consumption tax (14% vs 12.5%).
๐ข Corporate Tax: ๐ฆ๐ด Angola offers a lower corporate rate (25% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐น๐น Trinidad and Tobago taxes investment gains at a lower rate (0% vs 15%), benefiting investors.