CU · AmericasMC · Europe

Cuba vs Monaco: tax rates compared

Cuba's income tax rate is 50pp higher than Monaco's (50% vs 0%). The 200-country average is 28%: Cuba sits above it, Monaco sits below it. Cuba's figure is dated 2025-01-28 and Monaco's 2023-03-13, 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

0102030405060Income0%50%Corporate25%35%
two shared taxes, side by side
Tax CU MCDifference
Income Tax50%0%CU +50 pplargest gap
Corporate Tax35%25%CU +10 pp

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
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Difference+50 ppCuba higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cuba35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Monaco25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppCuba higher

Cuba's corporate tax rate is 10pp higher than Monaco's (35% vs 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.