CU · AmericasGW · Africa
Cuba vs Guinea-Bissau: tax rates compared
Cuba has an income tax rate of 50%, 30pp above Guinea-Bissau's 20%. The 200-country average is 28%: Cuba sits above it, Guinea-Bissau sits below it. Cuba's figure is dated 2025-01-28 and Guinea-Bissau's 2021-01-31, 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
| Tax | CU | GW | Difference |
|---|---|---|---|
| Income Tax | 50% | 20% | CU +30 pplargest gap |
| Corporate Tax | 35% | 25% | CU +10 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cuba | 50% | Source: Ministerio de Economía y Planificación (Cuba) — "Pago de tributos en Cuba: Adecuaciones y compromisos para 2025" · as of 2025-01-28 |
| Guinea-Bissau | 20% | Source: Ministério das Finanças (Guiné-Bissau) — Código do Imposto Profissional, Artigo 27º (Redação atribuída pelo artigo 10º da Lei nº 1/2021), via Kontaktu legislation portal · as of 2021-01-31 |
| Difference | +30 pp | Cuba higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cuba | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Guinea-Bissau | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Cuba higher |
Cuba has a corporate tax rate of 35%, 10pp above Guinea-Bissau's 25%. 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.