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Trinidad and Tobago vs Ethiopia
Tax Rate Comparison

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

🇹🇹 Trinidad and Tobago
vs
🇪🇹 Ethiopia
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
0–35%
Fiscal modernization continuing; bracket adjustments for inflation
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12.5%
12.5% maintained
No change
15%
15% standard
No change

Corporate Tax Rate

Corporate Tax Rate
25–35%
CIT stable; LNG sector key
No change
30%
30%; industrial parks offer incentives
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
15%
15% maintained
No change

Social Security & Payroll

Social Security / Payroll
~13.2%
NIS reform ongoing
No change
~17%
Pension expansion targeted
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.

🇪🇹 EthiopiaRegional State Taxes

Ethiopia's 11 regional states and 2 chartered cities (Addis Ababa, Dire Dawa) have their own revenue authorities. Regional states collect income tax on employees of regional civil servants and businesses registered in their regions. Agricultural income tax is exclusively regional, though poorly collected in rural areas. The Ethiopian Revenues and Customs Authority (ERCA) administers federal taxes. Addis Ababa has the most developed tax administration. Turnover tax (TOT) of 2% applies to businesses below VAT threshold.

⚠️ 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 Ethiopia: Key Tax Differences (2026)

💰 Income Tax: 🇪🇹 Ethiopia has a higher top income tax rate (25–30% vs 0–35%). 🇹🇹 Trinidad and Tobago is more favourable for high earners.

🛒 VAT/Sales Tax: Ethiopia has a higher consumption tax (12.5% vs 15%).

🏢 Corporate Tax: 🇪🇹 Ethiopia offers a lower corporate rate (30% vs 35%), which can influence business location decisions.

📈 Capital Gains: 🇹🇹 Trinidad and Tobago taxes investment gains at a lower rate (0% vs 15%), benefiting investors.

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All 🇹🇹 Trinidad and Tobago comparisons →All 🇪🇹 Ethiopia comparisons →