CU · AmericasTH · Asia

Cuba vs Thailand: tax rates compared

Between the two, Cuba's income tax rate (50%) tops Thailand's (35%) by 15pp. The 200-country average is 28%: both sit above it. Cuba's figure is dated 2025-01-28 and Thailand's 2026-02-02, 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

0102030405060Income35%50%Corporate20%35%
two shared taxes, side by side
Tax CU THDifference
Income Tax50%35%CU +15 pplargest gap
Corporate Tax35%20%CU +15 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
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Difference+15 ppCuba higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cuba35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Thailand20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppCuba higher

Between the two, Cuba's corporate tax rate (35%) tops Thailand's (20%) by 15pp. The 201-country average is 22.6%: Cuba sits above it, Thailand sits below it.

Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.