Portugal
3.7/10
186th of 217
Portugal 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 1.8 FiScore point.
Trinidad and Tobago
5.5/10
85th of 217
| Tax | Portugal | Trinidad and Tobago | Gap |
|---|---|---|---|
| Corporate income tax headline rate | 19% | 25% | −6.0 points |
| Personal income tax top bracket | 14.5% to 48% | 0% to 25% | +23.0 points |
| VAT standard rate | 23% | 12.5% | +10.5 points |
Detailed schedules
Corporate income tax
Portugal
| General regime 18% in 2027, 17% in 2028 | 19% |
| SMEs: first €50,000 of profit | 15% |
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% |
- Portugal : www.growinportugal.com
- Portugal : taxatlas.io
- Trinidad and Tobago : taxsummaries.pwc.com