Trinidad and Tobago vs Senegal
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.
🇸🇳 Senegal — Regional & Communal Taxes
Senegal's 14 regions and 557 communes levy the Contribution Foncière des Propriétés Bâties (CFPB — built property tax), contribution of licences (business tax), and local service fees. The Direction Générale des Impôts et Domaines (DGID) administers national taxes. Dakar is the dominant economic hub. Senegal recently became an oil and gas producer (Sangomar field 2024), which is transforming its fiscal landscape. The WAEMU (West African Economic and Monetary Union) coordinates some tax policy across 8 member states.
Trinidad and Tobago vs Senegal: Key Tax Differences (2026)
💰 Income Tax: 🇸🇳 Senegal has a higher top income tax rate (25–30% vs 0–40%). 🇹🇹 Trinidad and Tobago is more favourable for high earners.
🛒 VAT/Sales Tax: Senegal has a higher consumption tax (12.5% vs 18%).
🏢 Corporate Tax: 🇸🇳 Senegal 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 25%), benefiting investors.