TT · AmericasUG · Africa

Trinidad and Tobago vs Uganda: tax rates compared

Uganda has an income tax rate of 40%, 10pp above Trinidad and Tobago's 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%40%Corporate30%VAT12.5%18%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax TT UGDifference
Income Tax30%40%UG +10 pplargest gap
Corporate Tax30%30%match
VAT12.5%18%UG +5.5 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Trinidad and Tobago30%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Taxes on personal income) · as of 2026-06-02
Uganda40%Source: PWC Worldwide Tax Summaries — Uganda (Individual, Taxes on personal income) · as of 2026-01-12
Difference−10 ppUganda higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Trinidad and Tobago30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Uganda30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Trinidad and Tobago and Uganda share the same corporate tax rate: 30%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Trinidad and Tobago12.5%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Corporate, Other taxes) · as of 2026-06-02
Uganda18%Source: PWC Worldwide Tax Summaries — Uganda (Corporate, Other taxes) · as of 2026-01-12
Difference−5.5 ppUganda higher

Uganda has a VAT rate of 18%, 5.5pp above Trinidad and Tobago's 12.5%. The 181-country average is 15%: Trinidad and Tobago sits below it, Uganda sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Income determination) · as of 2026-06-02
Uganda0%Source: PWC Worldwide Tax Summaries — Uganda (Individual, Income determination) · as of 2026-01-12
Difference0 ppdisplayed rates match

Trinidad and Tobago and Uganda share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02
Uganda0%Source: PWC Worldwide Tax Summaries — Uganda (Individual, Other taxes) · as of 2026-01-12
Difference0 ppdisplayed rates match

Trinidad and Tobago and Uganda share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.