CU · AmericasSO · Africa
Cuba vs Somalia: tax rates compared
Cuba's income tax rate is 32pp higher than Somalia's (50% vs 18%). The 200-country average is 28%: Cuba sits above it, Somalia sits below 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
| Tax | CU | SO | Difference |
|---|---|---|---|
| Income Tax | 50% | 18% | CU +32 pplargest gap |
| Corporate Tax | 35% | 15% | CU +20 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 |
| Somalia | 18% | Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01 |
| Difference | +32 pp | Cuba higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cuba | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Somalia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +20 pp | Cuba higher |
Cuba's corporate tax rate is 20pp higher than Somalia's (35% vs 15%). The 201-country average is 22.6%: Cuba sits above it, Somalia sits below it.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.