Jamaica’s parliament has passed a bill offering a tax incentive for officers of global companies that set up their head offices in Jamaica.
The Income Tax (Amendment) Act, which was spearheaded by Finance Minister Dr Peter Phillips, will offer an income tax exemption for non-residents who perform group head office activities in Jamaica.
“The point to note here is that not all activities of all foreign corporations are being exempt by this bill,” Phillips said. “The purpose of
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