Jamaica vs Switzerland
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
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.
๐จ๐ญ Switzerland โ Cantonal & 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.
Jamaica vs Switzerland: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฏ๐ฒ Jamaica has a higher top income tax rate (0โ25% vs 0โ11.5%). ๐จ๐ญ Switzerland is more favourable for high earners.
๐ VAT/Sales Tax: Jamaica has a higher consumption tax (15% vs 2.6โ8.1%).
๐ข Corporate Tax: ๐ฏ๐ฒ Jamaica offers a lower corporate rate (25% vs 26%), which can influence business location decisions.