Caribbean & Atlantic
Cuba: tax at a glance
A state-dominated economy with progressive personal tax to 50% and a 35% corporate rate. Foreign investment operates under a separate 1995 and 2014 investment law regime.
Worldwide (residence-based)
Last verified Some figures indicative
The taxes
- Personal income (top)
- 50%Progressive bands rising to 50% on higher income for self-employed and private-sector workers.
- Corporate income
- 35%
- Capital gains
- Included in ordinary income.
- VAT / Sales tax
- None
- Dividends (WHT)
- 0%
- Interest (WHT)
- 0%
- Royalties (WHT)
- 0%
- Social security (employee)
- 5%
- Social security (employer)
- 14%
- Wealth tax
- None
- Inheritance / estate
- None
- Property tax
- Property tax applies on land and vacant lots.
- Other
- Foreign investment enterprises under Law 118 receive a reduced 15% profits tax and an 8-year exemption for joint ventures.
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Not participating
- Special regime
- Foreign Investment Law 118: 15% profits tax with an initial 8-year exemption for qualifying joint ventures
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.