BR · AmericasJM · Americas
Brazil vs Jamaica: tax rates compared
Jamaica has an income tax rate of 30%, 2.5pp above Brazil's 27.5%. The 200-country average is 28%: Brazil sits below it, Jamaica sits above it.
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
| Tax | BR | JM | Difference |
|---|---|---|---|
| Income Tax | 27.5% | 30% | JM +2.5 pp |
| Corporate Tax | 34% | 25% | BR +9 pp |
| Capital Gains Tax | 15% | 0% | BR +15 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Brazil | 27.5% | Source: PWC Worldwide Tax Summaries — Brazil (Individual, Taxes on personal income) · as of 2025-05-02 |
| Jamaica | 30% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | −2.5 pp | Jamaica higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Brazil | 34% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Jamaica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +9 pp | Brazil higher |
Brazil has a corporate tax rate of 34%, 9pp above Jamaica's 25%. The 201-country average is 22.6%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Brazil | 15% | Source: PWC Worldwide Tax Summaries — Brazil (Individual, Other taxes) · as of 2025-05-02 |
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31 |
| Difference | +15 pp | Brazil higher |
Brazil has a capital gains tax rate of 15%, 15pp above Jamaica's 0%. The 175-country average is 10.3%: Brazil sits above it, Jamaica sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Brazil | 0% | Source: PWC Worldwide Tax Summaries — Brazil (Individual, Other taxes) · as of 2025-05-02 |
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31 |
| Difference | 0 pp | displayed rates match |
Brazil and Jamaica share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: VAT, Crypto Tax.