JM · AmericasMH · Oceania

Jamaica vs Marshall Islands: tax rates compared

Jamaica has an income tax rate of 30%, 18pp above Marshall Islands's 12%. The 200-country average is 28%: Jamaica sits above it, Marshall Islands sits below it. Jamaica's figure is dated 2025-12-31 and Marshall Islands's 2018-05-21, so the two rates come from different data vintages.

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

At a glance

0102030405060Income12%30%Wealth Tax0%
two shared taxes, side by side
Tax JM MHDifference
Income Tax30%12%JM +18 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Jamaica30%Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Taxes on personal income) · as of 2025-12-31
Marshall Islands12%Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989, Section 103 (Tax on Wages and Salaries) · as of 2018-05-21
Difference+18 ppJamaica higher

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Jamaica0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31
Marshall Islands0%Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989 · as of 2026-07-18
Difference0 ppdisplayed rates match

Jamaica and Marshall Islands 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 Marshall Islands's 2026-07-18, so the two rates come from different data vintages.

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