BY · EuropeJM · Americas

Belarus vs Jamaica: tax rates compared

There's no gap here — Belarus and Jamaica both post an income tax rate of 30%. The 200-country average is 28%: both sit above it. Belarus's figure is dated 2026-01-01 and Jamaica's 2025-12-31, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%Corporate25%VAT15%20%Capital Gains0%13%
four shared taxes, side by side
Tax BY JMDifference
Income Tax30%30%match
Corporate Tax25%25%match
VAT20%15%BY +5 pp
Capital Gains Tax13%0%BY +13 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Belarus30%Source: Official Internet Portal of the President of the Republic of Belarus — "Aleksandr Lukashenko approves changes to tax legislation" · as of 2026-01-01
Jamaica30%Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Taxes on personal income) · as of 2025-12-31
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belarus25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Jamaica25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Belarus and Jamaica both post a corporate tax rate of 25%. The 201-country average is 22.6%: both sit above it.

VAT

Between the two, Belarus's VAT rate (20%) tops Jamaica's (15%) by 5pp. The 181-country average is 15%: Belarus sits above it, Jamaica matches the world average. Belarus's figure is dated 2026-07-19 and Jamaica's 2025-12-31, so the two rates come from different data vintages.

Capital Gains Tax

Between the two, Belarus's capital gains tax rate (13%) tops Jamaica's (0%) by 13pp. The 175-country average is 10.3%: Belarus sits above it, Jamaica sits below it. Belarus's figure is dated 2026-07-19 and Jamaica's 2025-12-31, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax, Wealth Tax.