PE · AmericasTT · Americas

Peru vs Trinidad and Tobago: tax rates compared

Peru's income tax rate is identical to Trinidad and Tobago's — both sit at 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%Corporate29.5%30%VAT12.5%18%Capital Gains0%5%Wealth Tax0%
five shared taxes, side by side
Tax PE TTDifference
Income Tax30%30%match
Corporate Tax29.5%30%TT +0.5 pp
VAT18%12.5%PE +5.5 pplargest gap
Capital Gains Tax5%0%PE +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Peru30%Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13
Trinidad and Tobago30%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Taxes on personal income) · as of 2026-06-02
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Peru29.5%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−0.5 ppTrinidad and Tobago higher

Trinidad and Tobago's corporate tax rate is 0.5pp higher than Peru's (30% vs 29.5%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Peru18%Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13
Trinidad and Tobago12.5%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Corporate, Other taxes) · as of 2026-06-02
Difference+5.5 ppPeru higher

Peru's VAT rate is 5.5pp higher than Trinidad and Tobago's (18% vs 12.5%). The 181-country average is 15%: Peru sits above it, Trinidad and Tobago sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Peru5%Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Income determination) · as of 2026-06-02
Difference+5 ppPeru higher

Peru's capital gains tax rate is 5pp higher than Trinidad and Tobago's (5% vs 0%). The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Peru0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02
Difference0 ppdisplayed rates match

Peru'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. Peru's figure is dated 2025-10-01 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.