Trinidad and Tobago vs Rwanda
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐น๐น 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.
๐ท๐ผ Rwanda โ District & Local Government Taxes
Rwanda's 30 districts (akarere) each have local tax collection powers. The Rwanda Revenue Authority (RRA) administers national taxes with high efficiency โ Rwanda is consistently ranked highly for tax administration in Africa. Local taxes include market fees, business development taxes, and immovable property taxes. Districts receive grants and shared revenues from the national government. Rwanda has pursued aggressive economic development and tax reform as part of Vision 2050. E-invoicing (EBM machines) is mandatory for VAT-registered businesses.
Trinidad and Tobago vs Rwanda: Key Tax Differences (2026)
๐ฐ Income Tax: Trinidad and Tobago and Rwanda have similar top income tax rates (25โ30% vs 0โ30%).
๐ VAT/Sales Tax: Rwanda has a higher consumption tax (12.5% vs 18%).
๐ข Corporate Tax: ๐ท๐ผ Rwanda offers a lower corporate rate (30% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐น๐น Trinidad and Tobago taxes investment gains at a lower rate (0% vs 30%), benefiting investors.