DO · AmericasJM · Americas
Dominican Republic vs Jamaica: tax rates compared
Jamaica has an income tax rate of 30%, 5pp above Dominican Republic's 25%. The 200-country average is 28%: Dominican Republic sits below it, Jamaica sits above it.
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
| Tax | DO | JM | Difference |
|---|---|---|---|
| Income Tax | 25% | 30% | JM +5 pp |
| Corporate Tax | 27% | 25% | DO +2 pp |
| VAT | 18% | 15% | DO +3 pp |
| Capital Gains Tax | 25% | 0% | DO +25 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 25% | Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05 |
| Jamaica | 30% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | −5 pp | Jamaica higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 27% | 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 | +2 pp | Dominican Republic higher |
Dominican Republic has a corporate tax rate of 27%, 2pp above Jamaica's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 18% | Source: PWC Worldwide Tax Summaries — Dominican Republic (Corporate, Other taxes) · as of 2025-12-05 |
| Jamaica | 15% | Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | +3 pp | Dominican Republic higher |
Dominican Republic has a VAT rate of 18%, 3pp above Jamaica's 15%. The 181-country average is 15%: Dominican Republic sits above it, Jamaica matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 25% | Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05 |
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31 |
| Difference | +25 pp | Dominican Republic higher |
Dominican Republic has a capital gains tax rate of 25%, 25pp above Jamaica's 0%. The 175-country average is 10.3%: Dominican Republic sits above it, Jamaica sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 0% | Source: PWC Worldwide Tax Summaries — Dominican Republic (Individual, Other taxes) · as of 2025-12-05 |
| 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 |
Dominican Republic 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: Crypto Tax.