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Trinidad and Tobago vs Switzerland
Tax Rate Comparison

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

🇹🇹 Trinidad and Tobago
vs
🇨🇭 Switzerland
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
0–11.5%
Stable; cantonal competition ongoing
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12.5%
12.5% maintained
No change
2.6–8.1%
No further increases planned
No change

Corporate Tax Rate

Corporate Tax Rate
25–35%
CIT stable; LNG sector key
No change
~14–26%
Pillar Two supplementary tax active; cantons adjusting
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
0%
No capital gains tax for private individuals
No change

Social Security & Payroll

Social Security / Payroll
~13.2%
NIS reform ongoing
No change
~10.9%
BVG/LPP reform (expanded occupational pension) active
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.

🇨🇭 SwitzerlandCantonal & Communal Taxes

Switzerland's 26 cantons and ~2,200 communes independently set income and corporate tax rates. Zug (~12% combined top) and Nidwalden are among the lowest globally; Geneva and Vaud reach ~45% combined. Wealth tax is levied by cantons. Pillar Two supplementary tax is active for large MNCs. Inheritance and gift taxes are cantonal.

⚠️ 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 Switzerland: Key Tax Differences (2026)

💰 Income Tax: 🇹🇹 Trinidad and Tobago has a higher top income tax rate (25–30% vs 0–11.5%). 🇨🇭 Switzerland is more favourable for high earners.

🛒 VAT/Sales Tax: Trinidad and Tobago has a higher consumption tax (12.5% vs 2.6–8.1%).

🏢 Corporate Tax: 🇨🇭 Switzerland offers a lower corporate rate (26% vs 35%), which can influence business location decisions.

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