TT · AmericasYE · Asia
Trinidad and Tobago vs Yemen: tax rates compared
Trinidad and Tobago has an income tax rate of 30%, 10pp above Yemen's 20%. The 200-country average is 28%: Trinidad and Tobago sits above it, Yemen sits below it. Trinidad and Tobago's figure is dated 2026-06-02 and Yemen's 2011-01-01, so the two rates come from different data vintages.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | TT | YE | Difference |
|---|---|---|---|
| Income Tax | 30% | 20% | TT +10 pplargest gap |
| Corporate Tax | 30% | 20% | TT +10 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 |
| Yemen | 20% | Source: Yemen Tax Authority — Executive Regulations of Income Tax Law No. 17 of 2010 (Minister of Finance Decision No. 508 of 2010), Articles 76-77 · as of 2011-01-01 |
| Difference | +10 pp | Trinidad and Tobago higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Trinidad and Tobago | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Yemen | 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 Yemen's 20%. The 201-country average is 22.6%: Trinidad and Tobago sits above it, Yemen sits 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 |
| Yemen | 0% | Source: Yemen Tax Authority — About the Tax Authority · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Trinidad and Tobago and Yemen share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.