JM · AmericasTZ · Africa

Jamaica vs Tanzania: tax rates compared

There's no gap here — Jamaica and Tanzania 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 Tanzania's 2026-01-14, 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%30%VAT15%18%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax JM TZDifference
Income Tax30%30%match
Corporate Tax25%30%TZ +5 pplargest gap
VAT15%18%TZ +3 pp
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
Tanzania30%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Taxes on personal income) · as of 2026-01-14
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
Tanzania30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppTanzania higher

Between the two, Tanzania's corporate tax rate (30%) tops Jamaica's (25%) by 5pp. 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
Tanzania18%Source: PWC Worldwide Tax Summaries — Tanzania (Corporate, Other taxes) · as of 2026-01-14
Difference−3 ppTanzania higher

Between the two, Tanzania's VAT rate (18%) tops Jamaica's (15%) by 3pp. The 181-country average is 15%: Jamaica matches the world average, Tanzania sits above it. Jamaica's figure is dated 2025-12-31 and Tanzania's 2026-01-14, 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
Tanzania0%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Income determination) · as of 2026-01-14
Difference0 ppdisplayed rates match

There's no gap here — Jamaica and Tanzania 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 Tanzania's 2026-01-14, 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
Tanzania0%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Other taxes) · as of 2026-01-14
Difference0 ppdisplayed rates match

There's no gap here — Jamaica and Tanzania 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 Tanzania's 2026-01-14, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.