ES · Europe ↔ TT · Americas

Spain vs Trinidad and Tobago: tax rates compared

Trinidad and Tobago's corporate tax rate is 5pp higher than Spain's (30% vs 25%). The 201-country average is 22.6%: both sit above it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%ES 25%TT 30%
Corporate Tax, side by side
CountryRateSource
Spain25%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 ppTrinidad and Tobago higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%ES 3.5%TT 0%
Wealth Tax, side by side
CountryRateSource
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02
Difference+3.5 ppSpain higher

Spain's wealth tax rate is 3.5pp higher than Trinidad and Tobago's (3.5% vs 0%). The 193-country average is 0.1%: Spain sits above it, Trinidad and Tobago sits below it. Spain's figure is dated 2025-12-31 and Trinidad and Tobago's 2026-06-02, so the two rates come from different data vintages.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.