Switzerland 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 1.1 FiScore point.

Tax Switzerland Trinidad and Tobago Gap
Corporate income tax headline rate 11.66% to 20.54% 25% −4.5 points
Personal income tax top bracket 0% to 51% 0% to 25% +26.0 points
VAT standard rate 7.7% 12.5% −4.8 points

Detailed schedules

Corporate income tax

Switzerland

Lucerne combined federal, cantonal and communal effective rate 11.66%
Zug 11.71%
Geneva 14.7%
Zurich 19.47%
Bern 20.54%
Multinational groups revenue above €750M, since 2024 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%
See the Switzerland page See the Trinidad and Tobago page