WorldTax Compareโ† All Comparisons

Trinidad and Tobago vs Israel
Tax Rate Comparison

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

๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago
vs
๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
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
25โ€“30%
30% top; energy transition planning
No change
10โ€“50%
Post-conflict budget consolidation; rates uncertain
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
12.5%
12.5% maintained
No change
18%
18% maintained or potential further adjustment
No change
Corporate Tax Rate
Corporate Tax Rate
25โ€“35%
CIT stable; LNG sector key
No change
23%
23% stable; reconstruction investment incentives
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
25โ€“30%
25%/30% maintained
No change
Social Security & Payroll
Social Security / Payroll
~13.2%
NIS reform ongoing
No change
~19%
Post-war social spending affecting insurance levy debate
No change
State, Regional & Local Taxes

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.

๐Ÿ‡ฎ๐Ÿ‡ฑ Israel โ€” Municipal & Local Authority Taxes

Israel's 255 local authorities (cities, regional councils) levy Arnona (property tax/municipal rate) on residents and businesses. Arnona rates vary significantly by local authority โ€” Tel Aviv and Herzliya have higher rates than peripheral areas. There is a national equalization grant system to help weaker municipalities. Employers pay National Insurance (Bituach Leumi) and health tax to the national level. The tax authority (ITA) is national; local authorities have no income tax powers.

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.

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

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฎ๐Ÿ‡ฑ Israel has a higher top income tax rate (25โ€“30% vs 10โ€“50%). ๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Israel has a higher consumption tax (12.5% vs 18%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฎ๐Ÿ‡ฑ Israel offers a lower corporate rate (23% vs 35%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago taxes investment gains at a lower rate (0% vs 30%), benefiting investors.

Related Comparisons

๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ฆ๐Ÿ‡ฉ AndorraTax comparison๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ฒ๐Ÿ‡จ MonacoTax comparison๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ฑ๐Ÿ‡ฎ LiechtensteinTax comparison๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ธ๐Ÿ‡ฒ San MarinoTax comparison๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ง๐Ÿ‡ง BarbadosTax comparison๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ฆ๐Ÿ‡ฑ AlbaniaTax comparison๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ฆ๐Ÿ‡ด AngolaTax comparison๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ฆ๐Ÿ‡ท ArgentinaTax comparison๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ฆ๐Ÿ‡ฒ ArmeniaTax comparison๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ฆ๐Ÿ‡บ AustraliaTax comparison๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ฆ๐Ÿ‡น AustriaTax comparison๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago vs ๐Ÿ‡ฆ๐Ÿ‡ฟ AzerbaijanTax comparison