Trinidad and Tobago vs Georgia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇹🇹 Trinidad and Tobago — 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 — 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.
🇬🇪 Georgia — Municipal Taxes
Georgia's 64 municipalities (including Tbilisi) have limited independent taxing powers — income tax is nationally set. Municipalities levy property tax (gადასახადი qonebaze) at 0%–1% of market value for individuals and 1% for legal entities. Vehicle annual fees and land tax are also locally determined. Georgia has a simple and low-tax system — it introduced a flat 20% income tax in 2004 and has since maintained competitive rates. The Virtual Zone and Free Industrial Zone regimes offer significant corporate tax exemptions.
Trinidad and Tobago vs Georgia: Key Tax Differences (2026)
💰 Income Tax: 🇹🇹 Trinidad and Tobago has a higher top income tax rate (25–30% vs 20%). 🇬🇪 Georgia is more favourable for high earners.
🛒 VAT/Sales Tax: Georgia has a higher consumption tax (12.5% vs 18%).
🏢 Corporate Tax: 🇬🇪 Georgia offers a lower corporate rate (15% 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.