CU · AmericasLU · Europe

Cuba vs Luxembourg: tax rates compared

Cuba has an income tax rate of 50%, 4.2pp above Luxembourg's 45.8%. 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

0102030405060Income45.8%50%Corporate23.9%35%
two shared taxes, side by side
Tax CU LUDifference
Income Tax50%45.8%CU +4.2 pp
Corporate Tax35%23.9%CU +11.1 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
Luxembourg45.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+4.2 ppCuba higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cuba35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Luxembourg23.9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+11.1 ppCuba higher

Cuba has a corporate tax rate of 35%, 11.1pp above Luxembourg's 23.9%. 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.