Cyprus or United States: which taxes less?

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

Level pegging: Cyprus and United States weigh about the same on the taxpayer.

Tax Cyprus United States Gap
Corporate income tax headline rate 15% 21% −6.0 points
Personal income tax top bracket 0% to 35% 10% to 37% −2.0 points
VAT standard rate 19% 11.73% +7.3 points

Detailed schedules

Corporate income tax

Cyprus

General regime since 1 January 2026 15%
Eligible intellectual property income IP Box regime 2.5%

United States

Federal tax 21%
State tax 0% to over 9% depending on the state n/a
See the Cyprus page See the United States page