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Malta vs Trinidad and Tobago
Tax Rate Comparison

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

πŸ‡²πŸ‡Ή Malta
vs
πŸ‡ΉπŸ‡Ή Trinidad and Tobago
Tax Year:

πŸ’° Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–35%
35% nominal; effective rates much lower via credits
No change
25–30%
30% top; energy transition planning
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
5–18%
18% standard; EU VAT reform compliance
No change
12.5%
12.5% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
35%
35% nominal; refund system adapted for Pillar Two
No change
25–35%
CIT stable; LNG sector key
No change
Capital Gains Tax
Capital Gains Tax
0–12%
8%/12% maintained
No change
0%
No CGT
No change
Social Security & Payroll
Social Security / Payroll
~20%
20% combined; pension system review
No change
~13.2%
NIS reform ongoing
No change
State, Regional & Local Taxes

πŸ‡²πŸ‡Ή Malta β€” Local Council Taxes

Malta's 68 local councils (kunsilli lokali) have limited taxing powers β€” primarily fees for refuse collection, minor local services, and permits. Income tax, VAT, and company tax are all national. Malta is a significant EU financial services hub offering a full imputation dividend tax credit system that can reduce corporate effective tax rates to as low as 5% for non-resident shareholders. Malta has attracted gaming companies, crypto regulation pioneers, and financial services firms with its competitive holding company structures and refund system.

πŸ‡ΉπŸ‡Ή Trinidad and Tobago β€” 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 β€” 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.

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

Malta vs Trinidad and Tobago: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡²πŸ‡Ή Malta has a higher top income tax rate (0–35% vs 25–30%). πŸ‡ΉπŸ‡Ή Trinidad and Tobago is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Malta has a higher consumption tax (5–18% vs 12.5%).

🏒 Corporate Tax: Corporate rates are similar in both countries (35% vs 25–35%).

πŸ“ˆ Capital Gains: πŸ‡ΉπŸ‡Ή Trinidad and Tobago taxes investment gains at a lower rate (0% vs 12%), benefiting investors.

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