JM · AmericasSK · Europe
Jamaica vs Slovakia: tax rates compared
Jamaica's income tax rate is 5pp higher than Slovakia's (30% vs 25%). The 200-country average is 28%: Jamaica sits above it, Slovakia sits below it.
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
| Tax | JM | SK | Difference |
|---|---|---|---|
| Income Tax | 30% | 25% | JM +5 pp |
| Corporate Tax | 25% | 24% | JM +1 pp |
| VAT | 15% | 23% | SK +8 pplargest gap |
| 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 |
| Slovakia | 25% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +5 pp | Jamaica higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Slovakia | 24% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +1 pp | Jamaica higher |
Jamaica's corporate tax rate is 1pp higher than Slovakia's (25% vs 24%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Jamaica | 15% | Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31 |
| Slovakia | 23% | Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01 |
| Difference | −8 pp | Slovakia higher |
Slovakia's VAT rate is 8pp higher than Jamaica's (23% vs 15%). The 181-country average is 15%: Jamaica matches the world average, Slovakia sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31 |
| Slovakia | 0% | Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Income determination) · as of 2026-01-20 |
| Difference | 0 pp | displayed rates match |
Jamaica's capital gains tax rate is identical to Slovakia's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Jamaica's figure is dated 2025-12-31 and Slovakia's 2026-01-20, 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 |
| Slovakia | 0% | Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20 |
| Difference | 0 pp | displayed rates match |
Jamaica's wealth tax rate is identical to Slovakia's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Jamaica's figure is dated 2025-12-31 and Slovakia's 2026-01-20, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.