WorldTax CompareAll Comparisons

Jamaica vs Bhutan
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇯🇲 Jamaica
vs
🇧🇹 Bhutan
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–25%
25% top; economic recovery strong
No change
0–25%
25% top; crypto mining revenues adding to national income
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
GCT 15% maintained
No change
0%
No VAT; GST consideration ongoing
No change

Corporate Tax Rate

Corporate Tax Rate
25%
25%; financial services hub aspirations
No change
30%
30% CIT; digital economy and hydropower growing
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT maintained
No change
0%
No CGT
No change

Social Security & Payroll

Social Security / Payroll
~11.5%
NIS; NHT housing contributions stable
No change
~10%
NPPF; pension adequacy improving
No change
State, Regional & Local Taxes

🇯🇲 JamaicaParish Councils & Local Taxes

Jamaica's 14 parishes each have a parish council that levies property tax (based on unimproved value at progressive rates), business licences, and local improvement fees. The Tax Administration Jamaica (TAJ) administers national taxes. Jamaica has undergone significant tax reform and fiscal consolidation since its 2013–19 IMF Extended Fund Facility. The income tax threshold was significantly raised in 2016 to benefit low-income workers. Remittances are a key income source (~16% of GDP). Tourism is the primary export sector.

🇧🇹 BhutanDzongkhag & Thromde Taxes

Bhutan's 20 dzongkhags (districts) and thromdes (municipalities) levy local land tax, cattle tax, and local fees. Bhutan is a constitutional monarchy pursuing Gross National Happiness over GDP. Corporate and business income taxes are primary revenue sources; personal income tax is minimal for most citizens given the country's structure. Bhutan has major hydropower export revenues from India and has become notable for state-enterprise cryptocurrency mining. The country is transitioning toward more market-oriented development with LDC graduation aspirations.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Jamaica vs Bhutan: Key Tax Differences (2026)

💰 Income Tax: Jamaica and Bhutan have similar top income tax rates (0–25% vs 0–25%).

🛒 VAT/Sales Tax: Jamaica has a higher consumption tax (15% vs 0%).

🏢 Corporate Tax: 🇯🇲 Jamaica offers a lower corporate rate (25% vs 30%), which can influence business location decisions.

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