Jamaica

Introduction to Double Taxation Agreements (DTAs)Double Taxation Agreements (DTAs) are treaties between two or more countries designed to avoid the same income being taxed in multiple jurisdictions. This practice mitigates the risk of double taxation, wherein...

Introduction to VAT and Sales Tax in JamaicaValue Added Tax (VAT) and sales tax are significant components of the tax system in Jamaica, serving as essential revenue sources for the government. The introduction of VAT in Jamaica took effect on April 1, 1991, replacing...

Introduction to Personal Income Tax in JamaicaPersonal income tax is a fundamental element of Jamaica's tax system, designed to generate revenue for the government while also influencing economic behavior. This tax is levied on the income earned by individuals,...

Introduction to Corporate Income Tax in JamaicaCorporate income tax in Jamaica serves as a significant component of the nation’s broader tax framework. It is levied on the profits generated by corporations operating within the country. This tax structure plays a...