South Sudan or Trinidad and Tobago: which taxes less?

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

Level pegging: South Sudan and Trinidad and Tobago weigh about the same on the taxpayer.

Tax South Sudan Trinidad and Tobago Gap
Corporate income tax headline rate 25% 25% Same rate
Personal income tax top bracket 0% to 20% 0% to 25% −5.0 points
VAT standard rate 18% 12.5% +5.5 points

Detailed schedules

Corporate income tax

South Sudan

Small business Annual revenue up to 1,000,000 SSP 10%
Medium business 1,000,001 to 30,000,000 SSP 20%
Large business Over 30,000,000 SSP 25%

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%

Personal income tax

South Sudan

Up to 2,000 SSP per month Matches monthly minimum wage 0%
2,001 to 5,000 SSP 5%
5,001 to 10,000 SSP 10%
10,001 to 15,000 SSP 15%
Over 15,000 SSP 20%

Trinidad and Tobago

n/a