Jamaica Withholding tax rates
Jamaica Withholding tax rates: no single figure applies. The reason is set out below, cited to the governing instrument. Last checked against the official source on 10 Aug 2026.
The income tax Jamaica requires payers to deduct from payments to non-residents under the Income Tax Act - dividends at 15% (since 1 April 2025), and interest, royalties, management fees and similar Jamaican-source payments at the recipient's general rate, 33 1/3% for non-resident companies and 25% for non-resident individuals - each at its domestic statutory rate before any double-tax agreement relief. Administered by Tax Administration Jamaica (TAJ).
Compare withholding tax rates across all 22 Latin American countries →
| Current value | structured — see the API |
|---|---|
| In force from | 2025-04-01 |
| Official source | PwC Worldwide Tax Summaries - Jamaica, Corporate: Withholding taxes (reflecting the Income Tax Act and the 2025/26 Budget measures): 'Tax is imposed on certain sources of income (e.g. interest, dividends, royalties, annuities, rentals, insurance premiums, and service fees) by way of withholding at a rate of 33 1/3% for non-resident corporations'; 'With effect from 1 April 2025, the rate of WHT on dividends paid to non-residents (whether individuals or companies) has been reduced to 15%' |
| Last verified | 2026-08-10 |
| Verification | secondary — Corroborated, but the primary instrument was NOT read (usually the publishing host blocks automated access). Rates are sourced from PwC Worldwide Tax Summaries (reviewed 2026) corroborated by Orbitax and the Jamaica 2025/26 Budget commentary, not quoted from the Income Tax Act or a TAJ notice directly - TAJ publishes no single consolidated non-resident WHT rate page, and the statutory mechanics are spread across the Act (deduction on payment to non-residents, general rates of 33 1/3% corporate / 25% individual). The 1 April 2025 dividend reduction to 15% is consistently reported across sources as a 2025/26 Budget revenue measure. Re-verify against the Act or a TAJ publication before treating as primary. |
| Provenance | source fingerprint |
What this value means
THERE IS NO SINGLE WITHHOLDING TAX RATE, WHICH IS WHY value IS NULL. Jamaica withholds from payments to non-residents at the recipient's general income-tax rate - 33 1/3% for companies, 25% for individuals - except dividends, now a flat 15% for both; a caller must name the payment type AND the recipient type, and read withholding_rates rather than expecting a headline figure. ALL RATES ARE DOMESTIC STATUTORY RATES, BEFORE TREATY RELIEF. Jamaica's double-tax treaties can reduce these substantially, and relief requires the payer to obtain prior authorisation from TAJ; applying a treaty is a legal determination rather than a lookup. We do NOT serve treaty rates. The series effective_from is 1 April 2025, when the dividend rate for non-residents fell to 15% (from 33 1/3% for companies and 25% for individuals) as a 2025/26 Budget measure harmonising it with the 15% rate residents already paid on ordinary dividends. WHT deducted from chargeable payments to non-residents must be remitted to TAJ within 14 days of month-end.
Get it programmatically
curl https://latamref.dev/v1/jm/withholding-tax
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://latamref.dev/v1/jm/withholding-tax/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/jm/withholding-taxOther Jamaica series: policy interest rate · General Consumption Tax (GCT) standard rate · VAT registration threshold · National minimum wage (per 40-hour week) · Public holidays · CPI inflation (point-to-point, year-on-year) · Corporate income tax rate · Statutory interest on judgment debts · Personal income tax rates and threshold · Statutory social-insurance contributions
The same figure elsewhere: Mexico · Nicaragua · Panama · Paraguay · Peru · all 22