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Jamaica vs Seychelles: tax rates compared

There's no gap here — Jamaica and Seychelles both post an income tax rate of 30%. The 200-country average is 28%: both sit above it. Jamaica's figure is dated 2025-12-31 and Seychelles's 2018-06-01, so the two rates come from different data vintages.

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

0102030405060Income30%Corporate25%VAT15%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax JM SCDifference
Income Tax30%30%match
Corporate Tax25%25%match
VAT15%15%match
Capital Gains Tax0%0%match
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
Seychelles30%Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Jamaica25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Seychelles25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Jamaica and Seychelles both post a corporate tax rate of 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Jamaica15%Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31
Seychelles15%Source: Seychelles Revenue Commission · as of 2010-01-01
Difference0 ppdisplayed rates match

There's no gap here — Jamaica and Seychelles both post a VAT rate of 15%. The 181-country average is 15%: Jamaica matches the world average, Seychelles matches the world average. Jamaica's figure is dated 2025-12-31 and Seychelles's 2010-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Jamaica0%Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31
Seychelles0%Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19
Difference0 ppdisplayed rates match

There's no gap here — Jamaica and Seychelles both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Jamaica's figure is dated 2025-12-31 and Seychelles's 2026-07-19, so the two rates come from different data vintages.

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
Seychelles0%Source: Seychelles Revenue Commission · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Jamaica and Seychelles 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 Seychelles's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.