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Trinidad and Tobago vs Belarus
Tax Rate Comparison

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

🇹🇹 Trinidad and Tobago
vs
🇧🇾 Belarus
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
25–30%
30% top; energy transition planning
No change
13%
Flat 13%; EU sanctions continuing to impact
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12.5%
12.5% maintained
No change
20%
20% standard
No change

Corporate Tax Rate

Corporate Tax Rate
25–35%
CIT stable; LNG sector key
No change
20%
20%; IT park incentives continued
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
13%
13% as income
No change

Social Security & Payroll

Social Security / Payroll
~13.2%
NIS reform ongoing
No change
~40%
FSZN; comprehensive state social system
No change
State, Regional & Local Taxes

🇹🇹 Trinidad and TobagoMunicipal & 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 — 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.

🇧🇾 BelarusRegional & Local Taxes

Belarus's 6 oblasts and Minsk city have limited independent taxing powers. Local councils set rates for land tax and real estate tax within national parameters. The Ministry of Taxes and Duties administers all national taxes. Belarus operates a largely state-directed economy with close ties to Russia. Under Alexander Lukashenko's government, the tax system has remained relatively simple — flat income tax and corporate rates. Significant economic pressure from Western sanctions following 2020 election crisis.

⚠️ 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.

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

💰 Income Tax: 🇹🇹 Trinidad and Tobago has a higher top income tax rate (25–30% vs 13%). 🇧🇾 Belarus is more favourable for high earners.

🛒 VAT/Sales Tax: Belarus has a higher consumption tax (12.5% vs 20%).

🏢 Corporate Tax: 🇧🇾 Belarus offers a lower corporate rate (20% vs 35%), which can influence business location decisions.

📈 Capital Gains: 🇹🇹 Trinidad and Tobago taxes investment gains at a lower rate (0% vs 13%), benefiting investors.

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