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Trinidad and Tobago vs Malta
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‡ฒ๐Ÿ‡น Malta
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
0โ€“35%
35% nominal; effective rates much lower via credits
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
12.5%
12.5% maintained
No change
5โ€“18%
18% standard; EU VAT reform compliance
No change
Corporate Tax Rate
Corporate Tax Rate
25โ€“35%
CIT stable; LNG sector key
No change
35%
35% nominal; refund system adapted for Pillar Two
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
0โ€“12%
8%/12% maintained
No change
Social Security & Payroll
Social Security / Payroll
~13.2%
NIS reform ongoing
No change
~20%
20% combined; pension system review
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‡ฒ๐Ÿ‡น Malta โ€” Local Council Taxes

Malta's 68 local councils (kunsilli lokali) have limited taxing powers โ€” 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.

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 Malta: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฒ๐Ÿ‡น Malta has a higher top income tax rate (25โ€“30% vs 0โ€“35%). ๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Malta has a higher consumption tax (12.5% vs 5โ€“18%).

๐Ÿข Corporate Tax: Corporate rates are similar in both countries (25โ€“35% vs 35%).

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago taxes investment gains at a lower rate (0% vs 12%), benefiting investors.

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