DM · AmericasJM · Americas

Dominica vs Jamaica: tax rates compared

Between the two, Dominica's income tax rate (35%) tops Jamaica's (30%) by 5pp. The 200-country average is 28%: both sit above it. Dominica's figure is dated 2018-01-01 and Jamaica's 2025-12-31, so the two rates come from different data vintages.

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

At a glance

0102030405060Income30%35%Corporate25%VAT15%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax DM JMDifference
Income Tax35%30%DM +5 pplargest gap
Corporate Tax25%25%match
VAT15%15%match
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Dominica35%Source: Commonwealth of Dominica Inland Revenue Division — Current Income Tax Rates · as of 2018-01-01
Jamaica30%Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Taxes on personal income) · as of 2025-12-31
Difference+5 ppDominica higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Dominica25%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 — Dominica and Jamaica both post a corporate tax rate of 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Dominica15%Source: Dominica Inland Revenue Division — Value Added Tax · as of 2006-03-01
Jamaica15%Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31
Difference0 ppdisplayed rates match

There's no gap here — Dominica and Jamaica both post a VAT rate of 15%. The 181-country average is 15%: Dominica matches the world average, Jamaica matches the world average. Dominica's figure is dated 2006-03-01 and Jamaica's 2025-12-31, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Dominica0%Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax / Current Income Tax Rates · as of 2026-07-19
Jamaica0%Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31
Difference0 ppdisplayed rates match

There's no gap here — Dominica and Jamaica both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Dominica's figure is dated 2026-07-19 and Jamaica's 2025-12-31, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Dominica0%Source: Dominica Inland Revenue Division — Tax Laws · as of 2026-07-18
Jamaica0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31
Difference0 ppdisplayed rates match

There's no gap here — Dominica and Jamaica both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Dominica's figure is dated 2026-07-18 and Jamaica's 2025-12-31, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.