CU · AmericasCY · Europe

Cuba vs Cyprus: tax rates compared

Cuba's income tax rate is 15pp higher than Cyprus's (50% vs 35%). The 200-country average is 28%: both sit above it. Cuba's figure is dated 2025-01-28 and Cyprus's 2026-05-18, 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

0102030405060Income35%50%Corporate12.5%35%
two shared taxes, side by side
Tax CU CYDifference
Income Tax50%35%CU +15 pp
Corporate Tax35%12.5%CU +22.5 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Cuba50%Source: Ministerio de Economía y Planificación (Cuba) — "Pago de tributos en Cuba: Adecuaciones y compromisos para 2025" · as of 2025-01-28
Cyprus35%Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18
Difference+15 ppCuba higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cuba35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Cyprus12.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+22.5 ppCuba higher

Cuba's corporate tax rate is 22.5pp higher than Cyprus's (35% vs 12.5%). The 201-country average is 22.6%: Cuba sits above it, Cyprus sits below it.

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