JM · Americas ↔ LU · Europe

Jamaica vs Luxembourg: tax rates compared

Jamaica has a corporate tax rate of 25%, 1.1pp above Luxembourg's 23.9%. The 201-country average is 22.6%: both sit above it.

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

Corporate Tax

0102030405060World avg 22.6%JM 25%LU 23.9%
Corporate Tax, side by side
CountryRateSource
Jamaica25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Luxembourg23.9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1.1 ppJamaica higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%JM 0%LU 0%
Wealth Tax, side by side
CountryRateSource
Jamaica0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
Difference0 ppdisplayed rates match

Jamaica and Luxembourg share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Jamaica's figure is dated 2025-12-31 and Luxembourg's 2026-01-13, so the two rates come from different data vintages.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.