Trinidad and Tobago vs Tajikistan
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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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.
๐น๐ฏ Tajikistan โ Regional & Local Taxes
Tajikistan's 4 provinces and districts collect local taxes within nationally defined frameworks. Tajikistan is the poorest of the former Soviet Central Asian republics, heavily reliant on remittances from Russia (~30โ40% of GDP). The Rogun hydropower dam project is a transformational infrastructure investment. VAT, income tax, and social tax are the main revenue sources alongside customs duties. The informal economy is very large relative to the formal tax base.
Trinidad and Tobago vs Tajikistan: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐น Trinidad and Tobago has a higher top income tax rate (25โ30% vs 13%). ๐น๐ฏ Tajikistan is more favourable for high earners.
๐ VAT/Sales Tax: Tajikistan has a higher consumption tax (12.5% vs 15%).
๐ข Corporate Tax: ๐น๐ฏ Tajikistan offers a lower corporate rate (18% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐น๐น Trinidad and Tobago taxes investment gains at a lower rate (0% vs 13%), benefiting investors.