Impostos a Cuba

Tax Rates

Consumption Taxes

Nature of the Tax: Sales tax - Impuesto al valor agregado
Tax Rate: There is no VAT in Cuba but there is a sales tax whose rate varies depending on the type of the product. A tax rate of 2% is applied on wholesale sales, 10% on retail sales and 10% on services.
Reduced Tax Rate: Goods that are exported are exempt from sales tax; services that are exported are exempt from indirect tax levied on revenues (impuesto sobre los servicios) realized from the rendering of services. Services brought in from abroad and rendered on Cuban territory are subject to the tax.
Other Consumption Taxes: Excise duty are levied on certain goods such as alcohol, cigars and cigarettes.

Corporate Taxes

Company Tax: exempt for the first eight years, 15% rate from the ninth year
Tax Rate For Foreign Companies: Companies with total foreign ownership are taxed at a rate of 35%.
The income of foreign companies without a permanent establishment in the country is taxed at 4%, without any deduction.
Capital Gains Taxation: Capital gains are taxed as ordinary corporate income.
Main Allowable Deductions and Tax Credits: Deductible items include: the costs of production and goods sold, distribution and sales expenses, general and administrative expenses, operating expenses, financial expenses. Mandatory provisions are also tax-deductible.
Exemptions exist in certain cases: foreigners and franchise holders located in free-trade zones or industrial estates are exempt from tax on profits and labor force tax.
Other Corporate Taxes: There is a payroll tax, a stamp tax, a road tax, an agricultural land tax (levied per hectare ranging from CUP 30 to CUP 120 based on the four designated types of land), a property tax (2%), a property transfer tax (1% to 4%), a tax on the use and exploitation of forestry and wild fauna (levied per hectare ranging from CUP 45 to CUP 180 based on the four designated types of land), a tax on the use of workforce (starting from 20% on the first year of employment to 5% on the fifth and consecutive years) and social security contributions (determined yearly by the state budget).
Several taxes apply for the use or exploitation of natural resources and for the protection of the environment.
Other Domestic Resources: Cuba National Tax Administration

Country Comparison For Corporate Taxation

	Cuba	United States	Germany

Source: Doing Business, Latest available data.

Individual Taxes

Tax Rate

Income Tax	Progressive rate from 15% to 50%
Up to CUP 10,000	15%
CUP 10,000 - 20,000	20%
CUP 20,000 - 30,000	30%
CUP 30,000 - 50,000	40%
Over CUP 50,000	50%

Allowable Deductions and Tax Credits: Generally, 100% of the expenses incurred in the exercise of the activity is deductible from the income obtained, provided that at least 80% of these expenses are justified, except for those activities and sectors for which specific limits are established.
Special Expatriate Tax Regime: A tax on expatriates is levied on a monthly basis at 15% from the income gained or generated in Cuba.

Double Taxation Treaties

Countries With Whom a Double Taxation Treaty Have Been Signed: See the text of the double taxation agreements signed by Cuba
Withholding Taxes: Dividends: 0%; Interest: 0%; Royalties: 0%.
Bilateral Agreement: Spain and Cuba are bound by a Double Taxation Agreement in order to prevent fiscal evasion, signed on February 3.
Withholding tax rates under the tax treaty are: 5%/15% for dividends, 10% for interest and 5% for royalties.
Download the treaty in Spanish.

Sources of Fiscal Information

Tax Authorities: Cuba National Tax Administration
Other Domestic Resources: Cuban Tax Legislation (in Spanish only)

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