HN · AmericasTT · Americas
Honduras vs Trinidad and Tobago: tax rates compared
Between the two, Trinidad and Tobago's income tax rate (30%) tops Honduras's (25%) by 5pp. The 200-country average is 28%: Honduras sits below it, Trinidad and Tobago sits above it.
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
| Tax | HN | TT | Difference |
|---|---|---|---|
| Income Tax | 25% | 30% | TT +5 pp |
| Corporate Tax | 30% | 30% | match |
| VAT | 15% | 12.5% | HN +2.5 pp |
| Capital Gains Tax | 10% | 0% | HN +10 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Honduras | 25% | Source: PWC Worldwide Tax Summaries — Honduras (Individual, Taxes on personal income) · as of 2026-02-27 |
| Trinidad and Tobago | 30% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Taxes on personal income) · as of 2026-06-02 |
| Difference | −5 pp | Trinidad and Tobago higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Honduras | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Trinidad and Tobago | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Honduras and Trinidad and Tobago both post a corporate tax rate of 30%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Honduras | 15% | Source: PWC Worldwide Tax Summaries — Honduras (Corporate, Other taxes) · as of 2026-02-27 |
| Trinidad and Tobago | 12.5% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Corporate, Other taxes) · as of 2026-06-02 |
| Difference | +2.5 pp | Honduras higher |
Between the two, Honduras's VAT rate (15%) tops Trinidad and Tobago's (12.5%) by 2.5pp. The 181-country average is 15%: Honduras matches the world average, Trinidad and Tobago sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Honduras | 10% | Source: PWC Worldwide Tax Summaries — Honduras (Individual, Income determination) · as of 2026-02-27 |
| Trinidad and Tobago | 0% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Income determination) · as of 2026-06-02 |
| Difference | +10 pp | Honduras higher |
Between the two, Honduras's capital gains tax rate (10%) tops Trinidad and Tobago's (0%) by 10pp. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Honduras | 0% | Source: Servicio de Administración de Rentas (SAR), Honduras · as of 2026-07-18 |
| Trinidad and Tobago | 0% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Honduras and Trinidad and Tobago both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.