Guinea-Bissau or Trinidad and Tobago: which taxes less?

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

Lighter: Guinea-Bissau, ahead by 0.7 FiScore point.

Tax Guinea-Bissau Trinidad and Tobago Gap
Corporate income tax headline rate 25% 25% Same rate
Personal income tax top bracket 1% to 12% 0% to 25% −13.0 points
VAT standard rate 15% 12.5% +2.5 points

Detailed schedules

Corporate income tax

Guinea-Bissau

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 Guinea-Bissau page See the Trinidad and Tobago page