Taxes on income, profits and capital gains as a share of revenue reached 33.2% in 2020 in Jamaica, according to the National Statistical Office. This is 12.3% more than in the previous year.
Historically, taxes on income, profits and capital gains as a share of revenue in Jamaica reached an all time high of 43.5% in 2009 and an all time low of 23.0% in 1979.
Jamaica has been ranked 28th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue.
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