São Tomé and Príncipe or Trinidad and Tobago: which taxes less?

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

Lighter: São Tomé and Príncipe, ahead by 0.2 FiScore point.

Tax São Tomé and Príncipe Trinidad and Tobago Gap
Corporate income tax headline rate 25% 25% Same rate
Personal income tax top bracket 10% to 20% 0% to 25% −5.0 points
VAT standard rate 15% 12.5% +2.5 points

Detailed schedules

Corporate income tax

São Tomé and Príncipe

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 São Tomé and Príncipe page See the Trinidad and Tobago page