Trinidad and Tobago vs Tanzania
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.
๐น๐ฟ Tanzania โ Local Government Authority Taxes
Tanzania's 26 regions and 184 district/city councils levy local government taxes including property tax (for urban areas), business licence fees, and various service levies. The Tanzania Revenue Authority (TRA) administers all national taxes. Zanzibar has its own tax administration and slightly different rates for some taxes. The Local Government Finance Act sets the framework for council taxation. The country has been expanding its tax base through digitalization and mandatory electronic fiscal devices (EFDs).
Trinidad and Tobago vs Tanzania: Key Tax Differences (2026)
๐ฐ Income Tax: Trinidad and Tobago and Tanzania have similar top income tax rates (25โ30% vs 0โ30%).
๐ VAT/Sales Tax: Tanzania has a higher consumption tax (12.5% vs 18%).
๐ข Corporate Tax: ๐น๐ฟ Tanzania 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 10%), benefiting investors.