Cabo Verde or Puerto Rico: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Cabo Verde and Puerto Rico weigh about the same on the taxpayer.

Tax Cabo Verde Puerto Rico Gap
Corporate income tax headline rate 20% 18.5% +1.5 points
Personal income tax top bracket 16.5% to 27.5% 0% to 33% −5.5 points
VAT standard rate 15% 11.5% +3.5 points

Detailed schedules

Corporate income tax

Cabo Verde

n/a

Puerto Rico

Base rate 18.5%
Surtax over 275,000 USD Added to base rate, total 37.5% 19%