CU · AmericasZW · Africa

Cuba vs Zimbabwe: tax rates compared

Cuba has an income tax rate of 50%, 10pp above Zimbabwe's 40%. The 200-country average is 28%: both sit above 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

0102030405060Income40%50%Corporate25.8%35%
two shared taxes, side by side
Tax CU ZWDifference
Income Tax50%40%CU +10 pplargest gap
Corporate Tax35%25.8%CU +9.2 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
Zimbabwe40%Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01
Difference+10 ppCuba higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cuba35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Zimbabwe25.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+9.2 ppCuba higher

Cuba has a corporate tax rate of 35%, 9.2pp above Zimbabwe's 25.8%. 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.