Tag: Cuba taxes

• Friday, March 28th 2014 - 08:01 UTC

  Cuba ready to implement an ambitious foreign investment with generous tax breaks

  

  Cuba's government has released further information on a proposed foreign investment law that will cut the profits tax in half and exempt investors from paying it for eight years in an attempt to attract capital into the communist economy.

• Friday, July 27th 2012 - 05:17 UTC

  Cuba to end Soviet-style economy and will implement market friendly policies

  

  Cuba adopted a new tax code this week and said it would loosen regulations on some state companies while turning others into cooperatives, as one of the world's last Soviet-style economies moves in a more market-friendly direction.