income tax

Grenada: New Income Tax Regime Begins

 Above: Grenada By the Caribbean Journal staff Grenada’s new income tax regime has officially taken effect, the government announced Wednesday. The new tax laws have lowered the country’s income tax threshold. According to the new regime, the first $8,889 USD …

Grenada to Lower Income Tax Threshold

 Above: Grenada By the Caribbean Journal staff Grenada is planning to lower its income tax threshold, according to Prime Minister Dr Keith Mitchell. Under the current tax regime, citizens earning in excess of $22,222 USD (EC $60,000) per year qualify …

Jamaica’s House Passes Bill on Foreign Company Tax Exemption

 Above: Jamaica Finance Minister Dr Peter Phillips By the Caribbean Journal staff Jamaica’s House of Representatives has passed a bill offering a tax incentive for officers of global companies that set up their head offices in Jamaica. The Income Tax …

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 Above: From left, Industry Minister Dr Christopher Tufton and EU Delegation Head Amb. Marco Alemanni Private and public sector stakeholders in Jamaica should commit to measures to effect tax reforms and contain wage increases if it is to achieve macroeconomics …