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Hong Kong vs Trinidad and Tobago: tax rates compared

Trinidad and Tobago has an income tax rate of 30%, 13pp above Hong Kong's 17%. The 200-country average is 28%: Hong Kong sits below it, Trinidad and Tobago sits above it. Hong Kong'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

0102030405060Income17%30%Corporate16.5%30%VAT0%12.5%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax HK TTDifference
Income Tax17%30%TT +13 pp
Corporate Tax16.5%30%TT +13.5 pplargest gap
VAT0%12.5%TT +12.5 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Hong Kong17%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (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−13 ppTrinidad and Tobago higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hong Kong16.5%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−13.5 ppTrinidad and Tobago higher

Trinidad and Tobago has a corporate tax rate of 30%, 13.5pp above Hong Kong's 16.5%. The 201-country average is 22.6%: Hong Kong sits below it, Trinidad and Tobago sits above it.

VAT

VAT, side by side
CountryRateSource
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (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−12.5 ppTrinidad and Tobago higher

Trinidad and Tobago has a VAT rate of 12.5%, 12.5pp above Hong Kong's 0%. The 181-country average is 15%: both sit below it. Hong Kong'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
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Income determination) · as of 2025-12-31
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Income determination) · as of 2026-06-02
Difference0 ppdisplayed rates match

Hong Kong and Trinidad and Tobago share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Hong Kong's figure is dated 2025-12-31 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
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (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

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