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Bolivia vs Trinidad and Tobago
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

πŸ‡§πŸ‡΄ Bolivia
vs
πŸ‡ΉπŸ‡Ή Trinidad and Tobago
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
13%
RC-IVA 13% maintained
No change
25–30%
30% top; energy transition planning
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
13%
13% IVA; possible reform discussions
No change
12.5%
12.5% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
25%
25% IUE; natural gas revenue declining
No change
25–35%
CIT stable; LNG sector key
No change
Capital Gains Tax
Capital Gains Tax
25%
25% via IUE
No change
0%
No CGT
No change
Social Security & Payroll
Social Security / Payroll
~21.5%
AFP system; pension adequacy concerns
No change
~13.2%
NIS reform ongoing
No change
State, Regional & Local Taxes

πŸ‡§πŸ‡΄ Bolivia β€” Departmental & Municipal Taxes

Bolivia's 9 departments and 339 municipalities have their own tax powers. Municipalities levy the Impuesto a la Propiedad de Bienes Inmuebles (IPBI) on real property and the Impuesto Municipal a las Transferencias (IMT) on property transfers. Departmental governments receive shares of natural resource royalties. The National Tax Service (SIN) administers national taxes. Bolivia has a unique tax system where there is no personal income tax in the traditional sense β€” instead, the RC-IVA (complementary VAT) effectively taxes income.

πŸ‡ΉπŸ‡Ή Trinidad and Tobago β€” 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 β€” 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.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Bolivia vs Trinidad and Tobago: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡ΉπŸ‡Ή Trinidad and Tobago has a higher top income tax rate (13% vs 25–30%). πŸ‡§πŸ‡΄ Bolivia is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Both countries have comparable consumption tax rates (13% vs 12.5%).

🏒 Corporate Tax: πŸ‡§πŸ‡΄ Bolivia offers a lower corporate rate (25% vs 35%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡ΉπŸ‡Ή Trinidad and Tobago taxes investment gains at a lower rate (0% vs 25%), benefiting investors.

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