OpenAccountants/Trinidad and Tobago/Trinidad and Tobago Corporate Income Tax

Trinidad and Tobago Corporate Income Tax

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Source-cited draft: corporate income tax for Trinidad and Tobago (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.

Applicable period 2025Source-cited draft· Last updated Jun 25, 2026

Source-cited draft.Written from sources but not reviewed by a licensed practitioner, so it may be incomplete or wrong. General reference only; don't file or take a position on it without professional review.

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Key figures — Trinidad and Tobago, 2025

Every figure is drawn from this Tax Guide and cited to its source.

Standard corporation tax rate

30%Corporation Tax Act (Chap. 75:02)View source ↗

Banks and petrochemical companies rate

35%Corporation Tax Act (Chap. 75:02)View source ↗

Petroleum production companies rate

50% (standard); 30% for deep-sea productionPetroleum Taxes Act (Chap. 75:04)View source ↗

SMEs newly listed on the TT Stock Exchange

0% for first 5 years, then 15% for the next 5 yearsCorporation Tax Act (Chap. 75:02)View source ↗

Special Economic Zone entities rate

15%Trinidad and Tobago Special Economic Zones ActView source ↗

Tax base

Chargeable profits (accounting profit adjusted for tax) plus chargeable short-term capital gainsCorporation Tax Act (Chap. 75:02)View source ↗

Business Levy

0.6% of gross revenue/receipts, payable where it exceeds the corporation tax liability (exempt below TTD 360,000 turnover)Corporation Tax Act (Chap. 75:02)View source ↗

Green Fund Levy

0.3% of gross income, non-deductible, payable quarterlyMiscellaneous Taxes Act (Chap. 77:01)View source ↗

Withholding tax on dividends to non-residents

10% (non-treaty); reduced or 0% under double tax treaties (e.g. 0% within CARICOM)Income Tax Act (Chap. 75:01)View source ↗

Withholding tax on interest to non-residents

10% to non-resident individuals; 8% to non-resident companies (non-treaty)Income Tax Act (Chap. 75:01)View source ↗

Withholding tax on royalties to non-residents

15% (non-treaty); reduced under double tax treatiesIncome Tax Act (Chap. 75:01)View source ↗

Withholding tax on payments to residents

0% on dividends, interest and royalties paid to resident companies/individualsIncome Tax Act (Chap. 75:01)View source ↗

Corporation tax return deadline

30 April following the end of the income yearCorporation Tax Act (Chap. 75:02)View source ↗

Quarterly tax instalments

Payable on 31 March, 30 June, 30 September and 31 December; balance due by 30 AprilCorporation Tax Act (Chap. 75:02)View source ↗

Rendered from the canonical facts model. General reference only — confirm with a qualified professional before acting.

The full Guide

Corporation tax rates and base

Standard corporation tax rate — 30% percent (Corporation Tax Act (Chap. 75:02))
Banks and petrochemical companies rate — 35% percent (Corporation Tax Act (Chap. 75:02))
Petroleum production companies rate — 50% (standard); 30% for deep-sea production percent (Petroleum Taxes Act (Chap. 75:04))
SMEs newly listed on the TT Stock Exchange — 0% for first 5 years, then 15% for the next 5 years percent ((approx — confirm)) (Corporation Tax Act (Chap. 75:02))
Special Economic Zone entities rate — 15% percent (Trinidad and Tobago Special Economic Zones Act)
Tax base — Chargeable profits (accounting profit adjusted for tax) plus chargeable short-term capital gains (Corporation Tax Act (Chap. 75:02))
Business Levy — 0.6% of gross revenue/receipts, payable where it exceeds the corporation tax liability (exempt below TTD 360,000 turnover) percent (Corporation Tax Act (Chap. 75:02))
Green Fund Levy — 0.3% of gross income, non-deductible, payable quarterly percent (Miscellaneous Taxes Act (Chap. 77:01))
Withholding tax on dividends to non-residents — 10% (non-treaty); reduced or 0% under double tax treaties (e.g. 0% within CARICOM) percent (Income Tax Act (Chap. 75:01))
Withholding tax on interest to non-residents — 10% to non-resident individuals; 8% to non-resident companies (non-treaty) percent ((approx — confirm)) (Income Tax Act (Chap. 75:01))
Withholding tax on royalties to non-residents — 15% (non-treaty); reduced under double tax treaties percent (Income Tax Act (Chap. 75:01))
Withholding tax on payments to residents — 0% on dividends, interest and royalties paid to resident companies/individuals (Income Tax Act (Chap. 75:01))
Corporation tax return deadline — 30 April following the end of the income year (Corporation Tax Act (Chap. 75:02))
Quarterly tax instalments — Payable on 31 March, 30 June, 30 September and 31 December; balance due by 30 April (Corporation Tax Act (Chap. 75:02))

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Corporation tax rates and base

Standard corporation tax rate — 30% percent (Corporation Tax Act (Chap. 75:02))

Banks and petrochemical companies rate — 35% percent (Corporation Tax Act (Chap. 75:02))

Petroleum production companies rate — 50% (standard); 30% for deep-sea production percent (Petroleum Taxes Act (Chap. 75:04))

SMEs newly listed on the TT Stock Exchange — 0% for first 5 years, then 15% for the next 5 years percent ((approx — confirm)) (Corporation Tax Act (Chap. 75:02))

Special Economic Zone entities rate — 15% percent (Trinidad and Tobago Special Economic Zones Act)

Tax base — Chargeable profits (accounting profit adjusted for tax) plus chargeable short-term capital gains (Corporation Tax Act (Chap. 75:02))

Business Levy — 0.6% of gross revenue/receipts, payable where it exceeds the corporation tax liability (exempt below TTD 360,000 turnover) percent (Corporation Tax Act (Chap. 75:02))

Green Fund Levy — 0.3% of gross income, non-deductible, payable quarterly percent (Miscellaneous Taxes Act (Chap. 77:01))

Withholding tax on dividends to non-residents — 10% (non-treaty); reduced or 0% under double tax treaties (e.g. 0% within CARICOM) percent (Income Tax Act (Chap. 75:01))

Withholding tax on interest to non-residents — 10% to non-resident individuals; 8% to non-resident companies (non-treaty) percent ((approx — confirm)) (Income Tax Act (Chap. 75:01))

Withholding tax on royalties to non-residents — 15% (non-treaty); reduced under double tax treaties percent (Income Tax Act (Chap. 75:01))

Withholding tax on payments to residents — 0% on dividends, interest and royalties paid to resident companies/individuals (Income Tax Act (Chap. 75:01))

Corporation tax return deadline — 30 April following the end of the income year (Corporation Tax Act (Chap. 75:02))

Quarterly tax instalments — Payable on 31 March, 30 June, 30 September and 31 December; balance due by 30 April (Corporation Tax Act (Chap. 75:02))