JM · AmericasPW · Oceania
Jamaica vs Palau: tax rates compared
Jamaica has an income tax rate of 30%, 18pp above Palau's 12%. The 200-country average is 28%: Jamaica sits above it, Palau sits below it. Jamaica's figure is dated 2025-12-31 and Palau's 2026-07-20, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | JM | PW | Difference |
|---|---|---|---|
| Income Tax | 30% | 12% | JM +18 pplargest gap |
| VAT | 15% | 10% | JM +5 pp |
| Capital Gains Tax | 0% | 0% | match |
| 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 |
| Palau | 12% | Source: Government of Palau — Bureau of Revenue and Taxation, Wages and Salary Tax · as of 2026-07-20 |
| Difference | +18 pp | Jamaica higher |
VAT
| Country | Rate | Source |
|---|---|---|
| Jamaica | 15% | Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31 |
| Palau | 10% | Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01 |
| Difference | +5 pp | Jamaica higher |
Jamaica has a VAT rate of 15%, 5pp above Palau's 10%. The 181-country average is 15%: Jamaica matches the world average, Palau sits below it. Jamaica's figure is dated 2025-12-31 and Palau's 2023-01-01, 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 |
| Palau | 0% | Source: Government of Palau — Ministry of Finance, Bureau of Revenue and Taxation · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
Jamaica and Palau share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Jamaica's figure is dated 2025-12-31 and Palau's 2026-07-19, 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 |
| Palau | 0% | Source: Palau National Code, Title 40 (Revenue and Taxation) — official text · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Jamaica and Palau 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 Palau's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: Corporate Tax, Crypto Tax.