Jamaica or United States: which taxes less?

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

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

Tax Jamaica United States Gap
Corporate income tax headline rate 25% 21% +4.0 points
Personal income tax top bracket 25% to 30% 10% to 37% −7.0 points
VAT standard rate 15% 11.73% +3.3 points

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%

United States

Federal tax 21%
State tax 0% to over 9% depending on the state n/a
See the Jamaica page See the United States page