Cuba
2.5/10
217th of 217
Cuba or Trinidad and Tobago: which taxes less?
Both tax systems side by side, headline rates and the gap between them.
Lighter: Trinidad and Tobago, ahead by 3 FiScore points.
Trinidad and Tobago
5.5/10
85th of 217
| Tax | Cuba | Trinidad and Tobago | Gap |
|---|---|---|---|
| Corporate income tax headline rate | 30% to 35% | 25% | +10.0 points |
| Personal income tax top bracket | 15% to 50% | 0% to 25% | +25.0 points |
| VAT standard rate | 20% | 12.5% | +7.5 points |
Detailed schedules
Corporate income tax
Cuba
n/a
Trinidad and Tobago
| Profit up to 1 million TTD | 25% |
| Profit over 1 million TTD | 30% |
| Activity tax on revenue Due if exceeding profit tax | 0.6% |
- Cuba : www.taxrates.cc
- Trinidad and Tobago : taxsummaries.pwc.com