Cuba MOF Issues FAQs on Individual Income Tax

The Cuban Ministry of Finance and Prices Jan. 23 issued FAQs on the individual income tax. Topics covered include: 1) what happens when the taxpayer doesn’t have financial resources to pay; 2) who authorizes the deferral of payment; 3) what are the penalties for not complying; 4) who has debts with the state budget is subject to immigration; 5) is it mandatory to pay and submit affidavits through digital channels; 6) how to obtain affidavit forms; 7) are tax exemptions for non-state economic actors eliminated; and 8) who receives bonuses. [Cuba, Ministry of Finance, 01/23/24]

Reference: View FAQs. View ...