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Trinidad and Tobago vs Russia
Tax Rate Comparison

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

🇹🇹 Trinidad and Tobago
vs
🇷🇺 Russia
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
13–22%
New 5-band progressive system fully in effect
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12.5%
12.5% maintained
No change
20%
20% stable; wartime fiscal pressures
No change

Corporate Tax Rate

Corporate Tax Rate
25–35%
CIT stable; LNG sector key
No change
25%
25% CIT from 2025; defense sector has special rules
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
13–22%
Progressive rates matching income tax
No change

Social Security & Payroll

Social Security / Payroll
~13.2%
NIS reform ongoing
No change
~30%
Contribution ceilings adjusted for high inflation
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.

🇷🇺 RussiaRegional & Municipal Taxes

Russia's 89 federal subjects (regions, republics, territories) set their own rates for the regional corporate income tax share (within federal bounds: regions get 17% of 20% national rate, can reduce to 12.5%). Property tax is regional, vehicle tax is regional, and transport tax varies by region. Municipal taxes are limited: land tax (0.3%–1.5%) and individual property tax are locally determined within federal parameters. Sanctions have significantly affected the international tax landscape for Russian entities.

⚠️ 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 Russia: Key Tax Differences (2026)

💰 Income Tax: 🇹🇹 Trinidad and Tobago has a higher top income tax rate (25–30% vs 13–22%). 🇷🇺 Russia is more favourable for high earners.

🛒 VAT/Sales Tax: Russia has a higher consumption tax (12.5% vs 20%).

🏢 Corporate Tax: 🇷🇺 Russia 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 22%), benefiting investors.

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