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Trinidad and Tobago vs Vietnam: tax rates compared
Vietnam has an income tax rate of 35%, 5pp 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
| Tax | TT | VN | Difference |
|---|---|---|---|
| Income Tax | 30% | 35% | VN +5 pp |
| Corporate Tax | 30% | 20% | TT +10 pplargest gap |
| VAT | 12.5% | 10% | TT +2.5 pp |
| Capital Gains Tax | 0% | 0.1% | VN +0.1 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Trinidad and Tobago | 30% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Taxes on personal income) · as of 2026-06-02 |
| Vietnam | 35% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | −5 pp | Vietnam higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Trinidad and Tobago | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Vietnam | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Trinidad and Tobago higher |
Trinidad and Tobago has a corporate tax rate of 30%, 10pp above Vietnam's 20%. The 201-country average is 22.6%: Trinidad and Tobago sits above it, Vietnam sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Trinidad and Tobago | 12.5% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Corporate, Other taxes) · as of 2026-06-02 |
| Vietnam | 10% | Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09 |
| Difference | +2.5 pp | Trinidad and Tobago higher |
Trinidad and Tobago has a VAT rate of 12.5%, 2.5pp above Vietnam's 10%. The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Trinidad and Tobago | 0% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Income determination) · as of 2026-06-02 |
| Vietnam | 0.1% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | −0.1 pp | Vietnam higher |
Vietnam has a capital gains tax rate of 0.1%, 0.1pp above Trinidad and Tobago's 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Trinidad and Tobago | 0% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02 |
| Vietnam | 0% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09 |
| Difference | 0 pp | displayed rates match |
Trinidad and Tobago and Vietnam 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.