Cuba resets excise rates on vehicle sales in convertible currency
- Jurisdiction
- Cuba
- Tax
- Special Consumption Tax
- Change type
- Rate change
- Status
- In force
- Impact
- Plan ahead
- Announced
- 4 August 2026
- Effective
- 11 August 2026
- Instrument
- CU-172-2026
- Authority
- Ministerio de Finanzas y Precios
- Systems
- Tax engine, POS
- Verified
- Fetched from official source · high confidence
Authorised trading entities selling motor vehicles, trailers and semi-trailers in US dollars or other convertible currency in Cuba, and buyers of parts, accessories, engines and cylinder blocks, which attract a 10% sales tax.
Authorised vehicle traders selling in USD in Cuba must apply the revised IEPS rates from 11 August 2026, and the 10% sales tax on parts, accessories, engines and cylinder blocks.
Tax enginePOS
Cuba's Ministry of Finance and Prices issued Resolucion 172/2026, published in Gaceta Oficial No. 65 Ordinaria on 4 August 2026 and in force from 11 August 2026, setting revised Impuesto Especial a Productos y Servicios rates on sales in USD or equivalent convertible currency of motor vehicles, trailers and semi-trailers by authorised trading entities: 35% for luxury combustion and hybrid cars, 25% for standard combustion cars and pick-ups, 20% for combustion motorcycles, tricycles, panel vans, trucks and tractor units, 15% for hybrids other than the luxury class, 12% for buses and minibuses, 5% for imported electric vehicles and 3% for electric vehicles assembled domestically. Electric vehicles sold with renewable-energy charging stations are exempt. Imported trailers and semi-trailers attract 15%, domestically assembled equivalents 5%. Parts, accessories, engines and cylinder blocks attract a 10% sales tax. The resolution revokes Resolucion 398/2024.
What changed in detail
Cuba’s Ministry of Finance and Prices issued Resolucion 172/2026, published in Gaceta Oficial No. 65 Ordinaria on 4 August 2026 and in force from 11 August 2026, setting revised Impuesto Especial a Productos y Servicios rates on sales in USD or equivalent convertible currency of motor vehicles, trailers and semi-trailers by authorised trading entities: 35% for luxury combustion and hybrid cars, 25% for standard combustion cars and pick-ups, 20% for combustion motorcycles, tricycles, panel vans, trucks and tractor units, 15% for hybrids other than the luxury class, 12% for buses and minibuses, 5% for imported electric vehicles and 3% for electric vehicles assembled domestically. Electric vehicles sold with renewable-energy charging stations are exempt. Imported trailers and semi-trailers attract 15%, domestically assembled equivalents 5%. Parts, accessories, engines and cylinder blocks attract a 10% sales tax. The resolution revokes Resolucion 398/2024.
What it means
The rate ladder is an industrial-policy instrument as much as a revenue one: imported electric vehicles attract 5% while domestically assembled equivalents attract 3%, and electric vehicles sold with renewable-energy charging stations are exempt outright. The resolution revokes Resolution 398/2024, so any pricing built on the earlier schedule is stale.
Proof
RESUELVO PRIMERO: Aplicar un Impuesto Especial a Productos y Servicios a las entidades comercializadoras autorizadas, por la venta en dolares estadounidenses (USD) o su equivalente en otras monedas convertibles, de vehiculos de motor, remolques y semirremolques, en las cuantias que se relacionan en Anexo Unico. ... La presente Resolucion entra en vigor a partir de los 7 dias posteriores a su publicacion en la Gaceta Oficial de la Republica de Cuba.
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