TRINIDAD AND TOBAGO TAX SUMMARY
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Arima (Photo credit: Wikipedia)
| Income Tax: | 25% highest rate |
| Corporation Tax: | 25% on chargeable profits |
| Business Levy: | 0.2% on gross sales |
| Value Added Tax: | 15% on sales |
| Green Fund Levy: | 0.1% on gross sales or receipts |
| Withholding Tax: | Maximum 15% on dividends Maximum 20% on other payments |
| Hotel Tax: | The provision of hotel accommodation services is zero rated for Value Added Tax (VAT). There is a hotel accommodation tax of 10% on the proceeds of the letting of hotel accommodation. |
| Double Taxation Treaties: | Treaties have been established with the following:
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