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Cuba vs Saint Vincent and the Grenadines: tax rates compared
Between the two, Cuba's income tax rate (50%) tops Saint Vincent and the Grenadines's (28%) by 22pp. The 200-country average is 28%: Cuba sits above it, Saint Vincent and the Grenadines matches the world average. Cuba's figure is dated 2025-01-28 and Saint Vincent and the Grenadines's 2024-01-01, 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
| Tax | CU | VC | Difference |
|---|---|---|---|
| Income Tax | 50% | 28% | CU +22 pplargest gap |
| Corporate Tax | 35% | 28% | CU +7 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cuba | 50% | Source: Ministerio de Economía y Planificación (Cuba) — "Pago de tributos en Cuba: Adecuaciones y compromisos para 2025" · as of 2025-01-28 |
| Saint Vincent and the Grenadines | 28% | Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01 |
| Difference | +22 pp | Cuba higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cuba | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Saint Vincent and the Grenadines | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +7 pp | Cuba higher |
Between the two, Cuba's corporate tax rate (35%) tops Saint Vincent and the Grenadines's (28%) by 7pp. 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.