Saint Lucia 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 0.7 FiScore point.

Tax Saint Lucia Trinidad and Tobago Gap
Corporate income tax headline rate 30% 25% +5.0 points
Personal income tax top bracket 10% to 30% 0% to 25% +5.0 points
VAT standard rate 12.5% 12.5% Same rate

Detailed schedules

Corporate income tax

Saint Lucia

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%