Jamaica Corporate Tax Rate  Forecast


Corporate Tax Rate in Jamaica is expected to be 25.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Corporate Tax Rate is projected to trend around 25.00 percent in 2020, according to our econometric models.

Jamaica Corporate Tax Rate
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Jamaica Taxes Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Corporate Tax Rate 25 25 25 25 25 25
Personal Income Tax Rate 25 26.13 26.13 26.12 26.1 25.94
Sales Tax Rate 16.5 16.61 16.5 16.5 16.5 16.5
Social Security Rate 18.75 18.75 18.75 18.75 18.75 18.75
Social Security Rate For Companies 12 12 12 12 12 12
Social Security Rate For Employees 6.75 6.75 6.75 6.75 6.75 6.75