Cayman Islands or Trinidad and Tobago: which taxes less?

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

Lighter: Cayman Islands, ahead by 4.5 FiScore points.

Tax Cayman Islands Trinidad and Tobago Gap
Corporate income tax headline rate 0% 25% −25.0 points
Personal income tax top bracket 0% 0% to 25% −25.0 points
VAT standard rate 0% 12.5% −12.5 points

Detailed schedules

Corporate income tax

Cayman Islands

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%