Bhutan vs Trinidad and Tobago
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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๐ง๐น Bhutan โ Dzongkhag & Thromde Taxes
Bhutan's 20 dzongkhags (districts) and thromdes (municipalities) levy local land tax, cattle tax, and local fees. Bhutan is a constitutional monarchy pursuing Gross National Happiness over GDP. Corporate and business income taxes are primary revenue sources; personal income tax is minimal for most citizens given the country's structure. Bhutan has major hydropower export revenues from India and has become notable for state-enterprise cryptocurrency mining. The country is transitioning toward more market-oriented development with LDC graduation aspirations.
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.
Bhutan vs Trinidad and Tobago: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐น Trinidad and Tobago has a higher top income tax rate (0โ25% vs 25โ30%). ๐ง๐น Bhutan is more favourable for high earners.
๐ VAT/Sales Tax: Trinidad and Tobago has a higher consumption tax (0% vs 12.5%).
๐ข Corporate Tax: ๐ง๐น Bhutan offers a lower corporate rate (30% vs 35%), which can influence business location decisions.