The Jamaican withholding tax of 3% on certain service payments made by specified large taxpayers is in effect from 1 September 2015. The withholding tax was to apply from 1 June 2015, but was delayed until implementation issues could be addressed.

Payments Subject to Withholding

The 3% tax applies for payments exceeding JMD 50,000 for a number of services, including:

• Accounting;
• Consultancy…