VG · AmericasCU · Americas

British Virgin Islands vs Cuba: tax rates compared

Cuba's income tax rate is 50pp higher than British Virgin Islands's (50% vs 0%). The 200-country average is 28%: British Virgin Islands sits below it, Cuba sits above it. British Virgin Islands's figure is dated 2026-07-20 and Cuba's 2025-01-28, so the two rates come from different data vintages.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income0%50%Corporate0%35%
two shared taxes, side by side
Tax VG CUDifference
Income Tax0%50%CU +50 pplargest gap
Corporate Tax0%35%CU +35 pp

Income Tax

Income Tax, side by side
CountryRateSource
British Virgin Islands0%Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-20
Cuba50%Source: Ministerio de Economía y Planificación (Cuba) — "Pago de tributos en Cuba: Adecuaciones y compromisos para 2025" · as of 2025-01-28
Difference−50 ppCuba higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
British Virgin Islands0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Cuba35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−35 ppCuba higher

Cuba's corporate tax rate is 35pp higher than British Virgin Islands's (35% vs 0%). The 201-country average is 22.6%: British Virgin Islands sits below it, Cuba sits above it.

Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.