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Austria vs Trinidad and Tobago: tax rates compared

Austria has an income tax rate of 55%, 25pp above Trinidad and Tobago's 30%. The 200-country average is 28%: both sit above it. Austria's figure is dated 2025-01-01 and Trinidad and Tobago's 2026-06-02, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%55%Corporate23%30%VAT12.5%20%Capital Gains0%27.5%Wealth Tax0%
five shared taxes, side by side
Tax AT TTDifference
Income Tax55%30%AT +25 pp
Corporate Tax23%30%TT +7 pp
VAT20%12.5%AT +7.5 pp
Capital Gains Tax27.5%0%AT +27.5 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Austria55%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Trinidad and Tobago30%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Taxes on personal income) · as of 2026-06-02
Difference+25 ppAustria higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Austria23%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Trinidad and Tobago30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−7 ppTrinidad and Tobago higher

Trinidad and Tobago has a corporate tax rate of 30%, 7pp above Austria's 23%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Austria20%Source: PWC Worldwide Tax Summaries — Austria (Corporate, Other taxes) · as of 2026-03-11
Trinidad and Tobago12.5%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Corporate, Other taxes) · as of 2026-06-02
Difference+7.5 ppAustria higher

Austria has a VAT rate of 20%, 7.5pp above Trinidad and Tobago's 12.5%. The 181-country average is 15%: Austria sits above it, Trinidad and Tobago sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Austria27.5%Source: PWC Worldwide Tax Summaries — Austria (Individual, Income determination) · as of 2026-01-29
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Income determination) · as of 2026-06-02
Difference+27.5 ppAustria higher

Austria has a capital gains tax rate of 27.5%, 27.5pp above Trinidad and Tobago's 0%. The 175-country average is 10.3%: Austria sits above it, Trinidad and Tobago sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Austria0%Source: PWC Worldwide Tax Summaries — Austria (Individual, Other taxes) · as of 2026-01-29
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02
Difference0 ppdisplayed rates match

Austria and Trinidad and Tobago share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.