WorldTax Compareโ† All Comparisons

Trinidad and Tobago vs Oman
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‡ด๐Ÿ‡ฒ Oman
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
0%
No personal income tax
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
12.5%
12.5% maintained
No change
5%
5% maintained; Vision 2040 diversification
No change
Corporate Tax Rate
Corporate Tax Rate
25โ€“35%
CIT stable; LNG sector key
No change
15%
15% maintained
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
0%
No CGT
No change
Social Security & Payroll
Social Security / Payroll
~13.2%
NIS reform ongoing
No change
~21.5%
PASI reform to improve adequacy
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‡ด๐Ÿ‡ฒ Oman โ€” Governorate Fees & Levies

Oman's 11 governorates do not levy independent income or corporate taxes. The Tax Authority (OTA) administers national taxes centrally. Municipalities collect commercial registration fees and municipal development levies. Social protection (PASI) for Omani nationals is nationally administered. Oman introduced corporate income tax on foreign companies in the 1970s and has been expanding its tax base since the 2017 fiscal consolidation to reduce oil dependence. VAT was introduced in 2021.

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 Oman: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡น๐Ÿ‡น Trinidad and Tobago has a higher top income tax rate (25โ€“30% vs 0%). ๐Ÿ‡ด๐Ÿ‡ฒ Oman is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Trinidad and Tobago has a higher consumption tax (12.5% vs 5%).

๐Ÿข Corporate Tax: ๐Ÿ‡ด๐Ÿ‡ฒ Oman offers a lower corporate rate (15% vs 35%), which can influence business location decisions.

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