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Jamaica News - Business, Taxation & Offshore

Tax Inspectors Without Borders Boosting Revenues For Developing States

by Ulrika Lomas,, Brussels

Friday, November 25, 2016

More than USD260m in tax revenues has been generated through the Tax Inspectors Without Borders initiative since its launch in July last year, the OECD announced on November 22.Read Full Story


Fiscal Reform Needed In LATAM, Caribbean, IDB Says

by Mike Godfrey,, Washington

Wednesday, April 13, 2016

Major fiscal reforms are needed in Latin America and the Caribbean due to pressures such as weak global growth and lower commodity prices, according to a report from the Inter-American Development Bank.Read Full Story



Jamaica Explains New Transfer Pricing Rules

by Mike Godfrey,, Washington

Thursday, January 7, 2016

Jamaica has released information explaining its new transfer pricing regime, with transfer pricing documentation due on March 15, 2016.Read Full Story


Jamaican Senate Passes Transfer Pricing Bill

by Mike Godfrey,, Washington

Wednesday, December 2, 2015

The upper house of Jamaica's Parliament on November 27 passed amendments to the Income Tax Act to introduce a new transfer pricing regime in the territory. Read Full Story



Spain Among Top Improvers In World Bank's Doing Business 2016

by Mike Godfrey,, Washington

Friday, October 30, 2015

In its new Doing Business report, the World Bank singled out Spain for praise for tax system improvements implemented to make doing business easier in the nation.Read Full Story


Jamaican Tourism Operators Face Withholding Tax

by Mike Godfrey,, Washington

Wednesday, October 28, 2015

From November 1, Jamaican tourism operators whose turnover is at least JMD500m (USD4.2m) will be required to pay a new Withholding Tax on Specified Services (WTSS) of three percent on supplies worth JMD50,000 or more.Read Full Story