Jamaica

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

Links

• • • • • Transfer Pricing Country Profile
        • Transfer Pricing Dispute Resolution Profile
        • Tax Administration
        • Local Transfer Pricing Guidelines

Transfer Pricing Case Law

Case Name	Description	Date	Countries	Keywords