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Jamaica vs Türkiye: tax rates compared

Türkiye has an income tax rate of 40.8%, 10.8pp above Jamaica's 30%. The 200-country average is 28%: both sit above 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

0102030405060Income30%40.8%Corporate25%VAT15%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax JM TRDifference
Income Tax30%40.8%TR +10.8 pplargest gap
Corporate Tax25%25%match
VAT15%20%TR +5 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
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−10.8 ppTürkiye higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Jamaica25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Türkiye25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Jamaica and Türkiye share the same corporate tax rate: 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
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Difference−5 ppTürkiye higher

Türkiye has a VAT rate of 20%, 5pp above Jamaica's 15%. The 181-country average is 15%: Jamaica matches the world average, Türkiye sits above it. Jamaica's figure is dated 2025-12-31 and Türkiye's 2026-03-27, 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
Türkiye0%Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27
Difference0 ppdisplayed rates match

Jamaica and Türkiye 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 Türkiye's 2026-03-27, 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
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Jamaica and Türkiye 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 Türkiye's 2026-03-27, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.