Cabo Verde or Trinidad and Tobago: which taxes less?

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

Level pegging: Cabo Verde and Trinidad and Tobago weigh about the same on the taxpayer.

Tax Cabo Verde Trinidad and Tobago Gap
Corporate income tax headline rate 20% 25% −5.0 points
Personal income tax top bracket 16.5% to 27.5% 0% to 25% +2.5 points
VAT standard rate 15% 12.5% +2.5 points

Detailed schedules

Corporate income tax

Cabo Verde

n/a

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 Cabo Verde page See the Trinidad and Tobago page