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Jamaica: 33.3% (standard rate) 25% ... 20% corporate tax plus a 4% Jehad tax plus a 0.5% tax on corporate income to pay for stamp duties ... Government revenue ...
Jamaica's first revenue stamps were issued in 1855, and they bore the colony's coat of arms. The initial set consisted of two values: 1½d and 3d, and it was imperforate. In 1857 the two values were re-issued with perforations and in 1874 the 3d was issued with a watermark.
According to International Monetary Fund, "revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government's net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Total expenditure consists of total expense and the net acquisition of nonfinancial ...
126 Holiday Pay Credit. ... 164 Local Government Tax. 165 Luxury Tax. ... Jamaica, 1855-c.1956 - Revenue stamps of Jamaica; Jebel Druze, 1939-1943;
Refunds and corrections of erroneously collected tax revenue are treated as negative revenue." [3] UNU-WIDER data is more complex, total taxes consists of taxes, social contributions, grants receivable, and other revenue. Sources are IMF Country Reports [4] and OECD Revenue Statistics. [5] Data are in current national currency.
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A revenue service, revenue agency or taxation authority is a government agency responsible for the intake of government revenue, including taxes and sometimes non-tax revenue. [ 1 ] [ 2 ] Depending on the jurisdiction , revenue services may be charged with tax collection , investigation of tax evasion , or carrying out audits .
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