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Economy > Tax > Taxes on income Stats: compare key data on Jamaica & Singapore

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Definitions

  • Profits and capital gains > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
STAT Jamaica Singapore HISTORY
Profits and capital gains > % of revenue 14.95%
Ranked 43th.
27.56%
Ranked 22nd. 84% more than Jamaica

Profits and capital gains > % of total taxes 19.28%
Ranked 51st.
44.6%
Ranked 21st. 2 times more than Jamaica

Profits and capital gains > Current LCU 119.17 billion
Ranked 33th. 6 times more than Singapore
19.26 billion
Ranked 54th.

Profits and capital gains including income tax > % of revenue 37.22%
Ranked 14th. 8% more than Singapore
34.43%
Ranked 18th.

Profits and capital gains including income tax > % of total taxes 44.08%
Ranked 28th.
51.11%
Ranked 15th. 16% more than Jamaica

SOURCES: World Development Indicators database; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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