Cuba vs Norway
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐จ๐บ Cuba โ Provincial & Municipal Taxes
Cuba's 15 provinces and the special municipality of Isla de la Juventud have limited independent taxing powers under the centrally planned socialist system. The ONAT (Oficina Nacional de Administraciรณn Tributaria) administers national taxes, while provincial and municipal governments collect local fees for services. Cuba underwent significant economic reform since 2010 โ allowing self-employment (cuentapropistas) and private business (MIPYMES from 2021). Currency unification (2021) significantly restructured the fiscal landscape. The US embargo continues to severely distort the economy.
๐ณ๐ด Norway โ Municipal Taxes & Resource Rent
Norway's 15 counties and 356 municipalities set local income tax within a national band; max combined rate ~22%. Norway has unique resource rent taxes on petroleum (78%) and hydropower (67% from 2024). Wealth tax (formuesskatt) applies at 1%โ1.1% on net assets above NOK 1.7M. Dividends above a risk-free return are taxed at ~37.84% effective.
Cuba vs Norway: Key Tax Differences (2026)
๐ฐ Income Tax: ๐จ๐บ Cuba has a higher top income tax rate (15โ50% vs 22โ47.4%). ๐ณ๐ด Norway is more favourable for high earners.
๐ VAT/Sales Tax: Norway has a higher consumption tax (0% vs 12โ25%).
๐ข Corporate Tax: ๐ณ๐ด Norway offers a lower corporate rate (22% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐จ๐บ Cuba taxes investment gains at a lower rate (35% vs 37.84%), benefiting investors.