News and Insights

As we sail into the digital age, the tax landscape is undergoing a seismic shift. Emerging technologies like Artificial Intelligence...

Some examples of Complications in the Employment Tax and Statutory Contributions: Several different taxes and statutory contributions...

The Common Reporting Standards (CRS) was adopted in Jamaican local law in December 2020. The CRS, which is part of the Standard for...

Municipal Bonds The use of municipal bonds to finance government projects is a common practice by governments worldwide. Municipal bonds...

A guide to international payments and deductions including the provisions of section 40 of the income tax act.

Overseas Companies Taxable in Jamaica Tax Residence Companies resident in Jamaica are taxed on their worldwide income. In Jamaica, the...

OECD/G20 Inclusive Framework on BEPS, a response to tax base erosion and profits shifting: • Minimum Corporate Income Tax of 15% in...

Arm's Length Principle ​Jamaica has transfer pricing rules which seeks to ensure that taxpayers use arm’s length principle when computing...

Among the benefits of an effective budget is having more control over your finances and being better able to predict your future. An...

Short answer is that it is subject to income tax unless it is declared to be tax exempt by any legislation in Jamaica or if the...

5 Steps to calculate the taxable value of concessionary loan benefit Check whether the employer is a Specified Financial Institution...

This is dedicated to two young persons I know well, who both want to go into business, but said to me recently that they know very little...

In this edition of "Someone Asked a Question," we find out how tax expert Denzil Whyte's love for puzzles influenced his passion for taxes.