Trinidad & Tobago
Income tax in Trinidad & Tobago is charged at 25%. Short-term capital gains (those realised within 12 months of buying the asset) are charged as income; all other capital gains are not taxed. There are no gift or inheritance taxes in Trinidad & Tobago.
Corporation tax is charged at 25%.
The VAT rate is 15%.
No Alien Landholder’s Licence is normally required for a non-resident to buy property in Trinidad & Tobago. However, a permit is required in Tobago. Stamp duty for residential properties ranges from 5% to 10%. For land and non-residential properties, stamp duty ranges from 2% to 7%.
Trinidad is a member of Caricom and has tax treaties with a number of countries, including the USA, Canada and the UK.
