Australia vs Trinidad and Tobago: Paying taxes: Profit tax
Australia
26.1%
in 2019
Trinidad and Tobago
25.8%
in 2019
Australia rank
24th
Trinidad and Tobago rank
25th
Paying taxes: Profit tax over time
- Australia
- Trinidad and Tobago
How they compare
Australia currently reports 26.1% against 25.8% in Trinidad and Tobago, a difference of 0.3%.
Across all 15 years both countries report, Australia has been ahead every year.
Australia ranks 24th and Trinidad and Tobago ranks 25th of 190 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.7% | 23.2% | 3.5% | Australia |
| 2010s | 26.1% | 22.3% | 3.7% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Australia or Trinidad and Tobago?
- Australia, at 26.1% against 25.8% in Trinidad and Tobago as of 2019.
- What is the difference in paying taxes: profit tax between Australia and Trinidad and Tobago?
- 0.3%, with Australia ahead.
- How many years of comparable data are there for Australia and Trinidad and Tobago?
- 15 years are reported by both, from 2005 to 2019.
- How do Australia and Trinidad and Tobago rank globally for paying taxes: profit tax?
- Australia ranks 24th and Trinidad and Tobago ranks 25th of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Profit tax (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.