Jamaica or Samoa: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Jamaica and Samoa weigh about the same on the taxpayer.

Samoa

5/10

115th of 217

Tax Jamaica Samoa Gap
Corporate income tax headline rate 25% 27% −2.0 points
Personal income tax top bracket 25% to 30% 0% to 27% +3.0 points
VAT standard rate 15% 15% Same rate

Detailed schedules

Corporate income tax

Jamaica

Unregulated companies 25%
Regulated companies banks, insurance, financial services 33.33%
Mortgage credit companies 30%
Renewable energy producers and life insurance 25%

Samoa

Resident companies On worldwide profit 27%
Non-resident companies On Samoa-source profit 27%

Personal income tax

Jamaica

n/a

Samoa

Up to 15,000 WST 0%
15,001 to 25,000 WST 20%
Over 25,000 WST 27%
See the Jamaica page See the Samoa page