Total Tax Rate (Business and Personal)

Carribean Ranking

profitsSource: IMF
Current Rank
Country
Value
Latest Reading
Previous Rank
Previous Value
1Barbados29.982016129.66
2Jamaica29.62019227.45
3Trinidad and Tobago28.52018722.48
4Dominican Republic27.152019326.11
5Saint Vincent and the Grenadines24.692017425.2
6Belize24.372017524.95
7Saint Lucia22.692017624.26
8Bahamas0201980

Definition of Total Tax Rate (Business and Personal)

Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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