Corporate taxation

The corporate income tax rate is 25%.

A resident corporation is taxable on its worldwide income. Non-resident companies are subject to tax on Jamaican-sourced income. withholding tax is imposed on certain sources of income, such as interest, dividends, royalties, and fees, at a rate of 33⅓% for non-resident corporations.

Transfer pricing

Transfer pricing provisions are contained in the Income Tax Act (ITA), Section 17 and The Income Tax (Amendment) Act 2015-No 12 of 2015. The legislation has been drafted in accordance with the OECD Transfer Pricing Guidelines. As such, the TPG is the main resource for interpreting transfer pricing rules


Transfer Pricing Case Law

Case NameDescriptionDateCountriesKeywords