Trinidad and Tobago Corporate Income Tax
Detailed corporate income tax rates and rules for Trinidad and Tobago in 2026.
Trinidad and Tobago imposes a 30% corporate income tax on resident companies. Petrochemical companies and banks with annual gross income exceeding TTD 1 billion are subject to a 35% rate. Small and medium companies may benefit from incentives through the government's enterprise development programs. Companies in Free Trade Zones enjoy exemptions from corporate income tax. The petroleum sector is subject to additional taxes including the Supplemental Petroleum Tax (SPT) and the Petroleum Profits Tax (PPT) at varying rates.
Standard Rate
30%
How Trinidad and Tobago Corporate Tax compares
Trinidad and Tobago’s corporate tax rate of 30% is the 16th highest of 203 countries TaxAtlas tracks, above the global average of 22.2% and North America’s regional average of 22.3%.
