Azores or Trinidad and Tobago: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Lighter: Trinidad and Tobago, ahead by 0.2 FiScore point.

Tax Azores Trinidad and Tobago Gap
Corporate income tax headline rate 14% 25% −11.0 points
Personal income tax top bracket 0% to 36.2% 0% to 25% +11.2 points
VAT standard rate 18% 12.5% +5.5 points

Detailed schedules

Corporate income tax

Azores

General regional regime 14%
SMEs: first 50,000 euros of profit 11.9%

Trinidad and Tobago

Profit up to 1 million TTD 25%
Profit over 1 million TTD 30%
Activity tax on revenue Due if exceeding profit tax 0.6%
See the Azores page See the Trinidad and Tobago page