IL · AsiaJM · Americas
Israel vs Jamaica: tax rates compared
Between the two, Israel's income tax rate (50%) tops Jamaica's (30%) by 20pp. The 200-country average is 28%: both sit 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 | IL | JM | Difference |
|---|---|---|---|
| Income Tax | 50% | 30% | IL +20 pp |
| Corporate Tax | 23% | 25% | JM +2 pp |
| VAT | 18% | 15% | IL +3 pp |
| Capital Gains Tax | 25% | 0% | IL +25 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Israel | 50% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Jamaica | 30% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | +20 pp | Israel higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Israel | 23% | 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 | Jamaica higher |
Between the two, Jamaica's corporate tax rate (25%) tops Israel's (23%) by 2pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Israel | 18% | Source: PWC Worldwide Tax Summaries — Israel (Corporate, Other taxes) · as of 2026-06-29 |
| Jamaica | 15% | Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | +3 pp | Israel higher |
Between the two, Israel's VAT rate (18%) tops Jamaica's (15%) by 3pp. The 181-country average is 15%: Israel sits above it, Jamaica matches the world average. Israel's figure is dated 2026-06-29 and Jamaica's 2025-12-31, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Israel | 25% | Source: PWC Worldwide Tax Summaries — Israel (Individual, Income determination) · as of 2026-06-29 |
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31 |
| Difference | +25 pp | Israel higher |
Between the two, Israel's capital gains tax rate (25%) tops Jamaica's (0%) by 25pp. The 175-country average is 10.3%: Israel sits above it, Jamaica sits below it. Israel's figure is dated 2026-06-29 and Jamaica's 2025-12-31, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Israel | 0% | Source: PWC Worldwide Tax Summaries — Israel (Individual, Other taxes) · as of 2026-06-29 |
| 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 |
There's no gap here — Israel and Jamaica both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Israel's figure is dated 2026-06-29 and Jamaica's 2025-12-31, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.