JM · AmericasPS · Asia
Jamaica vs Palestine: tax rates compared
Between the two, Jamaica's income tax rate (30%) tops Palestine's (15%) by 15pp. The 200-country average is 28%: Jamaica sits above it, Palestine sits below it. Jamaica's figure is dated 2025-12-31 and Palestine's 2026-02-09, 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 | PS | Difference |
|---|---|---|---|
| Income Tax | 30% | 15% | JM +15 pplargest gap |
| Corporate Tax | 25% | 15% | JM +10 pp |
| VAT | 15% | 16% | PS +1 pp |
| 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 |
| Palestine | 15% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09 |
| Difference | +15 pp | Jamaica higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Palestine | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Jamaica higher |
Between the two, Jamaica's corporate tax rate (25%) tops Palestine's (15%) by 10pp. The 201-country average is 22.6%: Jamaica sits above it, Palestine sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Jamaica | 15% | Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31 |
| Palestine | 16% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09 |
| Difference | −1 pp | Palestine higher |
Between the two, Palestine's VAT rate (16%) tops Jamaica's (15%) by 1pp. The 181-country average is 15%: Jamaica matches the world average, Palestine sits above it. Jamaica's figure is dated 2025-12-31 and Palestine's 2026-02-09, 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 |
| Palestine | 0% | Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Jamaica and Palestine both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Jamaica's figure is dated 2025-12-31 and Palestine's 2026-02-09, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.