28 Jun
Tax Rates in Trinidad & Tobago
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The table below shows the comparison between the Property Tax calculations in Trinidad & Tobago in effect up to (Dec 2009) and the new rate scheme, effective January 2010.

 

Area

Rate of Tax

Residential Commercial Industrial Agricultural
Port-of-Spain 10% 10% 10% N/A
San Fernando 8% 8% 8% N/A
Arima 10% 10% 6% N/A
Point Fortin 2% 2.5% 6% 2%
Chaguanas 10% 10% 10% 10%
Rest of Trinidad & Tobago $10 ~ $20 per Glossary Item acre of land plus 7.5% of ATV (Annual Taxable Value) on the building
New 2010 Tax Rate 3% 5% 6% 1%

 

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