The Sales Tax Rate in Trinidad And Tobago stands at 12.50 percent. source: Inland Revenue Division
Sales Tax Rate in Trinidad And Tobago averaged 13.21 percent from 2014 until 2020, reaching an all time high of 15 percent in 2015 and a record low of 12.50 percent in 2016. This page provides - Trinidad And Tobago Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. Trinidad And Tobago Sales Tax Rate - VAT - values, historical data and charts - was last updated on November of 2020.
Sales Tax Rate in Trinidad And Tobago is expected to reach 12.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Trinidad And Tobago Sales Tax Rate - VAT is projected to trend around 12.50 percent in 2021, according to our econometric models.