WorldTax CompareAll Comparisons

Trinidad and Tobago vs Indonesia
Tax Rate Comparison

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

🇹🇹 Trinidad and Tobago
vs
🇮🇩 Indonesia
Tax Year:

💰 Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
25–30%
30% top; energy transition planning
No change
5–35%
Stable; resource wealth affecting fiscal planning
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12.5%
12.5% maintained
No change
12%
12% maintained; digital economy compliance growing
No change

Corporate Tax Rate

Corporate Tax Rate
25–35%
CIT stable; LNG sector key
No change
22%
Potential reduction to 20% under investment push
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
~2.5%
No change expected
No change

Social Security & Payroll

Social Security / Payroll
~13.2%
NIS reform ongoing
No change
~18–23%
Universal health coverage expansion continuing
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.

🇮🇩 IndonesiaProvincial & Regional Taxes

Indonesia's 38 provinces and 514 regencies/cities levy their own taxes. Provinces charge vehicle tax (Pajak Kendaraan Bermotor) at 1%–2%, vehicle transfer tax, and fuel tax (Pajak Bahan Bakar Kendaraan). Regencies/cities levy hotel tax (10%), restaurant tax (10%), entertainment tax (0%–75%), and land/building tax (Pajak Bumi dan Bangunan - P2). The 2022 tax reform (Harmonisasi Peraturan Perpajakan) unified many tax procedures. E-commerce platforms must now collect VAT.

⚠️ 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 Indonesia: Key Tax Differences (2026)

💰 Income Tax: 🇮🇩 Indonesia has a higher top income tax rate (25–30% vs 5–35%). 🇹🇹 Trinidad and Tobago is more favourable for high earners.

🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (12.5% vs 12%).

🏢 Corporate Tax: 🇮🇩 Indonesia offers a lower corporate rate (22% vs 35%), which can influence business location decisions.

📈 Capital Gains: 🇹🇹 Trinidad and Tobago taxes investment gains at a lower rate (0% vs 2.5%), benefiting investors.

Related Comparisons

🇹🇹 Trinidad and Tobago vs 🇦🇩 AndorraTax comparison🇹🇹 Trinidad and Tobago vs 🇲🇨 MonacoTax comparison🇹🇹 Trinidad and Tobago vs 🇱🇮 LiechtensteinTax comparison🇹🇹 Trinidad and Tobago vs 🇸🇲 San MarinoTax comparison🇹🇹 Trinidad and Tobago vs 🇧🇧 BarbadosTax comparison🇹🇹 Trinidad and Tobago vs 🇦🇱 AlbaniaTax comparison🇹🇹 Trinidad and Tobago vs 🇦🇴 AngolaTax comparison🇹🇹 Trinidad and Tobago vs 🇦🇷 ArgentinaTax comparison🇹🇹 Trinidad and Tobago vs 🇦🇲 ArmeniaTax comparison🇹🇹 Trinidad and Tobago vs 🇦🇺 AustraliaTax comparison🇹🇹 Trinidad and Tobago vs 🇦🇹 AustriaTax comparison🇹🇹 Trinidad and Tobago vs 🇦🇿 AzerbaijanTax comparison
All 🇹🇹 Trinidad and Tobago comparisons →All 🇮🇩 Indonesia comparisons →