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Indonesia vs Trinidad and Tobago: tax rates compared

Indonesia's income tax rate is 5pp higher than Trinidad and Tobago's (35% vs 30%). The 200-country average is 28%: both sit 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

0102030405060Income30%35%Corporate22%30%VAT12%12.5%Capital Gains0%0.1%Wealth Tax0%
five shared taxes, side by side
Tax ID TTDifference
Income Tax35%30%ID +5 pp
Corporate Tax22%30%TT +8 pplargest gap
VAT12%12.5%TT +0.5 pp
Capital Gains Tax0.1%0%ID +0.1 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Indonesia35%Source: PWC Worldwide Tax Summaries — Indonesia (Individual, Taxes on personal income) · as of 2026-06-11
Trinidad and Tobago30%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Taxes on personal income) · as of 2026-06-02
Difference+5 ppIndonesia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Indonesia22%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−8 ppTrinidad and Tobago higher

Trinidad and Tobago's corporate tax rate is 8pp higher than Indonesia's (30% vs 22%). The 201-country average is 22.6%: Indonesia sits below it, Trinidad and Tobago sits above it.

VAT

VAT, side by side
CountryRateSource
Indonesia12%Source: PWC Worldwide Tax Summaries — Indonesia (Corporate, Other taxes) · as of 2026-06-11
Trinidad and Tobago12.5%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Corporate, Other taxes) · as of 2026-06-02
Difference−0.5 ppTrinidad and Tobago higher

Trinidad and Tobago's VAT rate is 0.5pp higher than Indonesia's (12.5% vs 12%). The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Indonesia0.1%Source: PWC Worldwide Tax Summaries — Indonesia (Individual, Other taxes) · as of 2026-06-11
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Income determination) · as of 2026-06-02
Difference+0.1 ppIndonesia higher

Indonesia's capital gains tax rate is 0.1pp higher than Trinidad and Tobago's (0.1% vs 0%). The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Indonesia0%Source: PWC Worldwide Tax Summaries — Indonesia (Individual, Other taxes) · as of 2026-06-11
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02
Difference0 ppdisplayed rates match

Indonesia'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.

Not covered for both countries yet: Crypto Tax.