Trinidad and Tobago vs Uzbekistan
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
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.
๐บ๐ฟ Uzbekistan โ Regional & Local Taxes
Uzbekistan's 14 regions (viloyatlar), Tashkent city, and the Republic of Karakalpakstan have limited independent tax powers. Local Councils of People's Deputies can set local tax rates within national frameworks. Local taxes include property tax on individuals, land tax for individuals, and water use tax (in rural areas). The State Tax Committee administers all major national taxes. Uzbekistan has undergone sweeping tax reforms since 2020 โ replacing a complex multi-rate VAT with a flat 12%, simplifying income and corporate tax.
Trinidad and Tobago vs Uzbekistan: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐น Trinidad and Tobago has a higher top income tax rate (25โ30% vs 12%). ๐บ๐ฟ Uzbekistan is more favourable for high earners.
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (12.5% vs 12%).
๐ข Corporate Tax: ๐บ๐ฟ Uzbekistan offers a lower corporate rate (15% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐น๐น Trinidad and Tobago taxes investment gains at a lower rate (0% vs 12%), benefiting investors.