Trinidad and Tobago: Living There - Tax Issues
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Last Updated: Jul 24, 2007
Living There
Residents are taxed on their world-wide income. Married couples are assessed separately in Trinidad and Tobago. Income tax on resident individuals is imposed at a flat rate of 25% as of 01 January 2006. Each resident taxpayer can deduct TTD60,000 (US$9,677) as personal allowance from their gross income.
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