RW · AfricaTT · Americas

Rwanda vs Trinidad and Tobago: tax rates compared

There's no gap here — Rwanda and Trinidad and Tobago both post an income tax rate of 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%Corporate28%30%VAT12.5%18%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax RW TTDifference
Income Tax30%30%match
Corporate Tax28%30%TT +2 pp
VAT18%12.5%RW +5.5 pplargest gap
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Rwanda30%Source: Rwanda Revenue Authority — Calculate PAYE · as of 2026-07-20
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
Rwanda28%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−2 ppTrinidad and Tobago higher

Between the two, Trinidad and Tobago's corporate tax rate (30%) tops Rwanda's (28%) by 2pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Rwanda18%Source: PWC Worldwide Tax Summaries — Rwanda (Corporate, Other taxes) · as of 2026-02-18
Trinidad and Tobago12.5%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Corporate, Other taxes) · as of 2026-06-02
Difference+5.5 ppRwanda higher

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

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
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 — Rwanda 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
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
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 — Rwanda 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.