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China vs Trinidad and Tobago: tax rates compared

China's income tax rate is 15pp higher than Trinidad and Tobago's (45% vs 30%). The 200-country average is 28%: both sit above it. China's figure is dated 2025-12-31 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%45%Corporate25%30%VAT12.5%13%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax CN TTDifference
Income Tax45%30%CN +15 pplargest gap
Corporate Tax25%30%TT +5 pp
VAT13%12.5%CN +0.5 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
China45%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Taxes on personal income) · as of 2025-12-31
Trinidad and Tobago30%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Taxes on personal income) · as of 2026-06-02
Difference+15 ppChina higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
China25%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−5 ppTrinidad and Tobago higher

Trinidad and Tobago's corporate tax rate is 5pp higher than China's (30% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
China13%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Corporate, Other taxes) · as of 2025-12-31
Trinidad and Tobago12.5%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Corporate, Other taxes) · as of 2026-06-02
Difference+0.5 ppChina higher

China's VAT rate is 0.5pp higher than Trinidad and Tobago's (13% vs 12.5%). The 181-country average is 15%: both sit below it. China's figure is dated 2025-12-31 and Trinidad and Tobago's 2026-06-02, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
China0%Source: State Taxation Administration Shanxi Provincial Tax Service — Caishuizi [1998] No. 61 (财税字〔1998〕61号) · as of 1998-03-30
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Income determination) · as of 2026-06-02
Difference0 ppdisplayed rates match

China's capital gains tax rate is identical to Trinidad and Tobago's — both sit at 0%. The 175-country average is 10.3%: both sit below it. China's figure is dated 1998-03-30 and Trinidad and Tobago's 2026-06-02, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
China0%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Other taxes) · as of 2025-12-31
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02
Difference0 ppdisplayed rates match

China's wealth tax rate is identical to Trinidad and Tobago's — both sit at 0%. The 193-country average is 0.1%: both sit below it. China's figure is dated 2025-12-31 and Trinidad and Tobago's 2026-06-02, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.