Jamaica vs Kyrgyzstan
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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๐ฏ๐ฒ Jamaica โ Parish 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 2013โ19 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.
๐ฐ๐ฌ Kyrgyzstan โ Oblast & Municipal Taxes
Kyrgyzstan's 9 regions (oblastylar) and cities of Bishkek/Osh have limited independent taxing powers. Kyrgyzstan is a landlocked, mountainous country dependent on gold mining (Kumtor mine), remittances from Russia, and transit trade. The country experienced political instability (three revolutions since 2005). A unified tax code simplified the system. The patent tax system allows small informal traders to pay lump-sum taxes. EAEU membership since 2015 affects customs and VAT harmonization with Russia, Kazakhstan, Belarus, and Armenia.
Jamaica vs Kyrgyzstan: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฏ๐ฒ Jamaica has a higher top income tax rate (0โ25% vs 10%). ๐ฐ๐ฌ Kyrgyzstan is more favourable for high earners.
๐ VAT/Sales Tax: Jamaica has a higher consumption tax (15% vs 12%).
๐ข Corporate Tax: ๐ฐ๐ฌ Kyrgyzstan offers a lower corporate rate (10% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ฏ๐ฒ Jamaica taxes investment gains at a lower rate (0% vs 10%), benefiting investors.