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Trinidad and Tobago vs Bolivia
Tax Rate Comparison

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

🇹🇹 Trinidad and Tobago
vs
🇧🇴 Bolivia
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
25–30%
30% top; energy transition planning
No change
13%
RC-IVA 13% maintained
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12.5%
12.5% maintained
No change
13%
13% IVA; possible reform discussions
No change

Corporate Tax Rate

Corporate Tax Rate
25–35%
CIT stable; LNG sector key
No change
25%
25% IUE; natural gas revenue declining
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
25%
25% via IUE
No change

Social Security & Payroll

Social Security / Payroll
~13.2%
NIS reform ongoing
No change
~21.5%
AFP system; pension adequacy concerns
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.

🇧🇴 BoliviaDepartmental & 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 — instead, the RC-IVA (complementary VAT) effectively taxes income.

⚠️ 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 Bolivia: Key Tax Differences (2026)

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

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

🏢 Corporate Tax: 🇧🇴 Bolivia offers a lower corporate rate (25% vs 35%), which can influence business location decisions.

📈 Capital Gains: 🇹🇹 Trinidad and Tobago taxes investment gains at a lower rate (0% vs 25%), benefiting investors.

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