JM · AmericasLT · Europe
Jamaica vs Lithuania: tax rates compared
Lithuania's income tax rate is 2pp higher than Jamaica's (32% vs 30%). 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 | JM | LT | Difference |
|---|---|---|---|
| Income Tax | 30% | 32% | LT +2 pp |
| Corporate Tax | 25% | 16% | JM +9 pp |
| VAT | 15% | 21% | LT +6 pp |
| Capital Gains Tax | 0% | 20% | LT +20 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 30% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Taxes on personal income) · as of 2025-12-31 |
| Lithuania | 32% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −2 pp | Lithuania higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Lithuania | 16% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +9 pp | Jamaica higher |
Jamaica's corporate tax rate is 9pp higher than Lithuania's (25% vs 16%). The 201-country average is 22.6%: Jamaica sits above it, Lithuania sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Jamaica | 15% | Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31 |
| Lithuania | 21% | Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10 |
| Difference | −6 pp | Lithuania higher |
Lithuania's VAT rate is 6pp higher than Jamaica's (21% vs 15%). The 181-country average is 15%: Jamaica matches the world average, Lithuania sits above it. Jamaica's figure is dated 2025-12-31 and Lithuania's 2026-03-10, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31 |
| Lithuania | 20% | Source: PWC Worldwide Tax Summaries — Lithuania (Individual, Income determination) · as of 2026-03-10 |
| Difference | −20 pp | Lithuania higher |
Lithuania's capital gains tax rate is 20pp higher than Jamaica's (20% vs 0%). The 175-country average is 10.3%: Jamaica sits below it, Lithuania sits above it. Jamaica's figure is dated 2025-12-31 and Lithuania's 2026-03-10, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31 |
| Lithuania | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10 |
| Difference | 0 pp | displayed rates match |
Jamaica's wealth tax rate is identical to Lithuania's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Jamaica's figure is dated 2025-12-31 and Lithuania's 2026-03-10, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.