NO · EuropeTT · Americas
Norway vs Trinidad and Tobago: tax rates compared
Between the two, Norway's income tax rate (39.7%) tops Trinidad and Tobago's (30%) by 9.7pp. The 200-country average is 28%: both sit above it. Norway's figure is dated 2025-01-01 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
| Tax | NO | TT | Difference |
|---|---|---|---|
| Income Tax | 39.7% | 30% | NO +9.7 pp |
| Corporate Tax | 22% | 30% | TT +8 pp |
| VAT | 25% | 12.5% | NO +12.5 pp |
| Capital Gains Tax | 37.8% | 0% | NO +37.8 pplargest gap |
| Wealth Tax | 1.1% | 0% | NO +1.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 39.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Trinidad and Tobago | 30% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Taxes on personal income) · as of 2026-06-02 |
| Difference | +9.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 22% | 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 | −8 pp | Trinidad and Tobago higher |
Between the two, Trinidad and Tobago's corporate tax rate (30%) tops Norway's (22%) by 8pp. The 201-country average is 22.6%: Norway sits below it, Trinidad and Tobago sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Trinidad and Tobago | 12.5% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Corporate, Other taxes) · as of 2026-06-02 |
| Difference | +12.5 pp | Norway higher |
Between the two, Norway's VAT rate (25%) tops Trinidad and Tobago's (12.5%) by 12.5pp. The 181-country average is 15%: Norway sits above it, Trinidad and Tobago sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| Trinidad and Tobago | 0% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Income determination) · as of 2026-06-02 |
| Difference | +37.8 pp | Norway higher |
Between the two, Norway's capital gains tax rate (37.8%) tops Trinidad and Tobago's (0%) by 37.8pp. The 175-country average is 10.3%: Norway sits above it, Trinidad and Tobago sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Trinidad and Tobago | 0% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02 |
| Difference | +1.1 pp | Norway higher |
Between the two, Norway's wealth tax rate (1.1%) tops Trinidad and Tobago's (0%) by 1.1pp. The 193-country average is 0.1%: Norway sits above it, Trinidad and Tobago sits below it.
Not covered for both countries yet: Crypto Tax.