On 14 May 2015, the Jamaican tax authorities announced that a 3% withholding tax on certain service payments will be introduced from 1 June 2015. The withholding tax will be phased in, and initially only Government Ministries, Departments and Agencies, as well as financial institutions regulated by the FSC and BOJ, tourism operators, utility and cable companies, grossing over JMD 500 million wi…