CU · Americas ↔ LY · Africa
Cuba vs Libya: tax rates compared
Cuba's corporate tax rate is 15pp higher than Libya's (35% vs 20%). The 201-country average is 22.6%: Cuba sits above it, Libya sits below it.
Verified data covers one of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cuba | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Libya | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +15 pp | Cuba higher |
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.