CA · AmericasCU · Americas

Canada vs Cuba: tax rates compared

Between the two, Canada's income tax rate (53.5%) tops Cuba's (50%) by 3.5pp. The 200-country average is 28%: both sit above it.

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

0102030405060Income50%53.5%Corporate26%35%
two shared taxes, side by side
Tax CA CUDifference
Income Tax53.5%50%CA +3.5 pp
Corporate Tax26%35%CU +9 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Cuba50%Source: Ministerio de Economía y Planificación (Cuba) — "Pago de tributos en Cuba: Adecuaciones y compromisos para 2025" · as of 2025-01-28
Difference+3.5 ppCanada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Canada26%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−9 ppCuba higher

Between the two, Cuba's corporate tax rate (35%) tops Canada's (26%) by 9pp. The 201-country average is 22.6%: both sit above it.

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