CU · AmericasPE · Americas

Cuba vs Peru: tax rates compared

Cuba has an income tax rate of 50%, 20pp above Peru's 30%. The 200-country average is 28%: both sit above it. Cuba's figure is dated 2025-01-28 and Peru's 2026-07-13, 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

0102030405060Income30%50%Corporate29.5%35%
two shared taxes, side by side
Tax CU PEDifference
Income Tax50%30%CU +20 pplargest gap
Corporate Tax35%29.5%CU +5.5 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
Peru30%Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13
Difference+20 ppCuba higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cuba35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Peru29.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5.5 ppCuba higher

Cuba has a corporate tax rate of 35%, 5.5pp above Peru's 29.5%. 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.