TT · AmericasZW · Africa
Trinidad and Tobago vs Zimbabwe: tax rates compared
Between the two, Zimbabwe's income tax rate (40%) tops Trinidad and Tobago's (30%) by 10pp. The 200-country average is 28%: both sit above it. Trinidad and Tobago's figure is dated 2026-06-02 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.
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 | ZW | Difference |
|---|---|---|---|
| Income Tax | 30% | 40% | ZW +10 pplargest gap |
| Corporate Tax | 30% | 25.8% | TT +4.2 pp |
| VAT | 12.5% | 15.5% | ZW +3 pp |
| Capital Gains Tax | 0% | 1% | ZW +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 |
| Zimbabwe | 40% | Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01 |
| Difference | −10 pp | Zimbabwe higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Trinidad and Tobago | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Zimbabwe | 25.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +4.2 pp | Trinidad and Tobago higher |
Between the two, Trinidad and Tobago's corporate tax rate (30%) tops Zimbabwe's (25.8%) by 4.2pp. The 201-country average is 22.6%: both sit above 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 |
| Zimbabwe | 15.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01 |
| Difference | −3 pp | Zimbabwe higher |
Between the two, Zimbabwe's VAT rate (15.5%) tops Trinidad and Tobago's (12.5%) by 3pp. The 181-country average is 15%: Trinidad and Tobago sits below it, Zimbabwe sits above 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 |
| Zimbabwe | 1% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01 |
| Difference | −1 pp | Zimbabwe higher |
Between the two, Zimbabwe's capital gains tax rate (1%) tops Trinidad and Tobago's (0%) by 1pp. The 175-country average is 10.3%: both sit below it. Trinidad and Tobago's figure is dated 2026-06-02 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.
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 |
| Zimbabwe | 0% | Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Trinidad and Tobago and Zimbabwe 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.