Bermuda
10/10
1st of 217
Bermuda or Cuba: which taxes less?
Both tax systems side by side, headline rates and the gap between them.
Lighter: Bermuda, ahead by 7.5 FiScore points.
Cuba
2.5/10
217th of 217
| Tax | Bermuda | Cuba | Gap |
|---|---|---|---|
| Corporate income tax headline rate | 0% | 30% to 35% | −35.0 points |
| Personal income tax top bracket | 0% | 15% to 50% | −50.0 points |
| VAT standard rate | 0% | 20% | −20.0 points |
Detailed schedules
Corporate income tax
Bermuda
| Standard companies | 0% |
| Multinational groups revenue over €750 M, since 2025 | 15% |
Cuba
n/a
Personal income tax
Bermuda
| No personal income tax | 0% |
Cuba
n/a
- Bermuda : www.gov.bm
- Bermuda : taxsummaries.pwc.com
- Cuba : www.taxrates.cc