CU · AmericasPG · Oceania

Cuba vs Papua New Guinea: tax rates compared

Cuba's income tax rate is 8pp higher than Papua New Guinea's (50% vs 42%). The 200-country average is 28%: both sit above it. Cuba's figure is dated 2025-01-28 and Papua New Guinea's 2026-03-27, 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

0102030405060Income42%50%Corporate30%35%
two shared taxes, side by side
Tax CU PGDifference
Income Tax50%42%CU +8 pplargest gap
Corporate Tax35%30%CU +5 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
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Difference+8 ppCuba higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cuba35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Papua New Guinea30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppCuba higher

Cuba's corporate tax rate is 5pp higher than Papua New Guinea's (35% vs 30%). 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.