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Malta vs Trinidad and Tobago: tax rates compared

Between the two, Malta's income tax rate (35%) tops Trinidad and Tobago's (30%) by 5pp. 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%Corporate30%35%VAT12.5%18%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax MT TTDifference
Income Tax35%30%MT +5 pp
Corporate Tax35%30%MT +5 pp
VAT18%12.5%MT +5.5 pplargest gap
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Malta35%Source: PWC Worldwide Tax Summaries — Malta (Individual, Taxes on personal income) · as of 2026-01-01
Trinidad and Tobago30%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Taxes on personal income) · as of 2026-06-02
Difference+5 ppMalta higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malta35%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 ppMalta higher

Between the two, Malta's corporate tax rate (35%) tops Trinidad and Tobago's (30%) by 5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Malta18%Source: PWC Worldwide Tax Summaries — Malta (Corporate, Other taxes) · as of 2026-02-19
Trinidad and Tobago12.5%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Corporate, Other taxes) · as of 2026-06-02
Difference+5.5 ppMalta higher

Between the two, Malta's VAT rate (18%) tops Trinidad and Tobago's (12.5%) by 5.5pp. The 181-country average is 15%: Malta sits above it, Trinidad and Tobago sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Malta0%Source: PwC Worldwide Tax Summaries — Malta (Individual, Income determination) · as of 2026-02-19
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Income determination) · as of 2026-06-02
Difference0 ppdisplayed rates match

There's no gap here — Malta and Trinidad and Tobago both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Malta0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-19
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02
Difference0 ppdisplayed rates match

There's no gap here — Malta 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.