Cuba Tax Rates
Cuba operates a socialist economy with a tax system administered by the Oficina Nacional de Administración Tributaria (ONAT). Following economic reforms, Cuba introduced a modern tax code in 2012 (Law 113). Personal income tax is progressive with a top rate of 50%, corporate tax is 35%, and a sales tax of 10% applies. Self-employment (cuentapropismo) and private small businesses (MiPymes) have been expanding, creating a growing tax base.
Top Income Tax Rate
50%
Corporate Tax Rate
35%
VAT / Sales Tax
10%
Capital Gains Tax
0%
Detailed Tax Information
Income Tax Brackets
Cuba imposes a progressive personal income tax with brackets from 0% to 50% under Law 113 (2012). Self-employed workers (cuentapropistas) must pay income tax on their net earnings. State employees earning salaries below the exempt threshold are not subject to income tax. The tax system applies to both Cuban residents and non-residents on Cuban-source income.
| Income Range | Tax Rate |
|---|---|
| ₱0 – ₱10K | 0% |
| ₱10K – ₱20K | 15% |
| ₱20K – ₱30K | 20% |
| ₱30K – ₱50K | 30% |
| ₱50K+ | 50% |
Corporate Tax
Cuba imposes a 35% corporate income tax on entities operating in the country. Joint ventures with foreign investors and companies in the Mariel Special Development Zone may benefit from reduced rates and tax holidays. Small and medium private enterprises (MiPymes, legalized in 2021) are subject to income tax with potential incentives.
Standard Rate
35%
Capital Gains Tax
Cuba does not have a separate capital gains tax regime. Gains from asset sales may be incorporated into general income and taxed at applicable rates. Real estate transactions are subject to transfer taxes.
Rate
0%
VAT / Sales Tax
Cuba levies a 10% sales tax on goods and services. The tax system is less developed than VAT systems in other countries. Basic goods distributed through the state rationing system are subsidized and effectively tax-free. A special tax on products and services applies to alcohol, tobacco, and luxury goods at higher rates.
Standard Rate
10%
Cryptocurrency Tax
Cuba does not have cryptocurrency regulation. Internet access limitations and the US embargo create challenges for crypto adoption. The Central Bank of Cuba issued Resolution 215 in 2021 to potentially license virtual asset service providers but implementation remains limited.
Tax Treaties
Cuba has approximately 8 double taxation agreements, primarily with friendly nations. The US embargo significantly limits Cuba's international economic relationships. Cuba has tax treaties with Spain, Russia, and several Caribbean and other nations.
Treaty Network
8
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Cuba
See how much you could save by moving here from your current country.
$-15,138
Tax in United States
$24K
24.4% effective
Tax in Cuba
$40K
39.5% effective
Additional Cost
62.1%
more tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
