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Switzerland vs Jamaica
Tax Rate Comparison

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

🇨🇭 Switzerland
vs
🇯🇲 Jamaica
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–11.5%
Stable; cantonal competition ongoing
No change
0–25%
25% top; economic recovery strong
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
2.6–8.1%
No further increases planned
No change
15%
GCT 15% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
~14–26%
Pillar Two supplementary tax active; cantons adjusting
No change
25%
25%; financial services hub aspirations
No change

Capital Gains Tax

Capital Gains Tax
0%
No capital gains tax for private individuals
No change
0%
No CGT maintained
No change

Social Security & Payroll

Social Security / Payroll
~10.9%
BVG/LPP reform (expanded occupational pension) active
No change
~11.5%
NIS; NHT housing contributions stable
No change
State, Regional & Local Taxes

🇨🇭 SwitzerlandCantonal & Communal Taxes

Switzerland's 26 cantons and ~2,200 communes independently set income and corporate tax rates. Zug (~12% combined top) and Nidwalden are among the lowest globally; Geneva and Vaud reach ~45% combined. Wealth tax is levied by cantons. Pillar Two supplementary tax is active for large MNCs. Inheritance and gift taxes are cantonal.

🇯🇲 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.

⚠️ 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.

Switzerland vs Jamaica: Key Tax Differences (2026)

💰 Income Tax: 🇯🇲 Jamaica has a higher top income tax rate (0–11.5% vs 0–25%). 🇨🇭 Switzerland is more favourable for high earners.

🛒 VAT/Sales Tax: Jamaica has a higher consumption tax (2.6–8.1% vs 15%).

🏢 Corporate Tax: 🇯🇲 Jamaica offers a lower corporate rate (25% vs 26%), which can influence business location decisions.

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