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Trinidad and Tobago vs Israel
Tax Rate Comparison

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

🇹🇹 Trinidad and Tobago
vs
🇮🇱 Israel
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
10–50%
Post-conflict budget consolidation; rates uncertain
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12.5%
12.5% maintained
No change
18%
18% maintained or potential further adjustment
No change

Corporate Tax Rate

Corporate Tax Rate
25–35%
CIT stable; LNG sector key
No change
23%
23% stable; reconstruction investment incentives
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
25–30%
25%/30% maintained
No change

Social Security & Payroll

Social Security / Payroll
~13.2%
NIS reform ongoing
No change
~19%
Post-war social spending affecting insurance levy debate
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.

🇮🇱 IsraelMunicipal & Local Authority Taxes

Israel's 255 local authorities (cities, regional councils) levy Arnona (property tax/municipal rate) on residents and businesses. Arnona rates vary significantly by local authority — Tel Aviv and Herzliya have higher rates than peripheral areas. There is a national equalization grant system to help weaker municipalities. Employers pay National Insurance (Bituach Leumi) and health tax to the national level. The tax authority (ITA) is national; local authorities have no income tax powers.

⚠️ 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 Israel: Key Tax Differences (2026)

💰 Income Tax: 🇮🇱 Israel has a higher top income tax rate (25–30% vs 10–50%). 🇹🇹 Trinidad and Tobago is more favourable for high earners.

🛒 VAT/Sales Tax: Israel has a higher consumption tax (12.5% vs 18%).

🏢 Corporate Tax: 🇮🇱 Israel offers a lower corporate rate (23% vs 35%), which can influence business location decisions.

📈 Capital Gains: 🇹🇹 Trinidad and Tobago taxes investment gains at a lower rate (0% vs 30%), benefiting investors.

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