WorldTax Compareโ† All Comparisons

Hong Kong vs Trinidad and Tobago
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong
vs
๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
2โ€“17%
Stable; simple territorial system maintained
No change
25โ€“30%
30% top; energy transition planning
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
0%
No VAT
No change
12.5%
12.5% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
8.25โ€“16.5%
Domestic minimum top-up tax (DMTT) for Pillar Two groups
No change
25โ€“35%
CIT stable; LNG sector key
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
0%
No CGT
No change
Social Security & Payroll
Social Security / Payroll
~10%
MPF review ongoing; voluntary contributions encouraged
No change
~13.2%
NIS reform ongoing
No change
State, Regional & Local Taxes

๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong โ€” No Sub-Regional Tax Variation

Hong Kong is a Special Administrative Region with a simple, low-tax structure. There are no sub-regional taxes. Profits tax applies only to profits arising in or derived from Hong Kong (territorial basis). Property rates are charged at ~5% of assessed rental value. Estate duty was abolished in 2006. Stamp duty on property has been progressively modified since 2022 to cool/stimulate the market. There is no VAT, capital gains tax, or withholding tax on dividends.

๐Ÿ‡น๐Ÿ‡น 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.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Hong Kong vs Trinidad and Tobago: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago has a higher top income tax rate (2โ€“17% vs 25โ€“30%). ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Trinidad and Tobago has a higher consumption tax (0% vs 12.5%).

๐Ÿข Corporate Tax: ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong offers a lower corporate rate (16.5% vs 35%), which can influence business location decisions.

Related Comparisons

๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฆ๐Ÿ‡บ AustraliaTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡จ๐Ÿ‡ณ ChinaTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฉ๐Ÿ‡ช GermanyTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฎ๐Ÿ‡ณ IndiaTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฏ๐Ÿ‡ต JapanTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ณ๐Ÿ‡ฟ New ZealandTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ธ๐Ÿ‡ฌ SingaporeTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฐ๐Ÿ‡ท South KoreaTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡น๐Ÿ‡ผ TaiwanTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฌ๐Ÿ‡ง United KingdomTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡บ๐Ÿ‡ธ United StatesTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison