This page offers an overview of tax developments being reported globally by KPMG member firms in response to the Novel Coronavirus (COVID-19).
The content will be updated on a regular basis. However, due to the fast-moving pace of change, it may not always reflect the most current developments in a given jurisdiction. Please refer to the date of accuracy and refer to the relevant links, under additional information, for original source information.
The government of Jamaica has acted swiftly with implementing a myriad of stabilization measures to protect its people and business interests. In his address to the country during the 2020-2021 budgetary debate, Minister of Finance, Dr Nigel Clarke revealed that Jamaica’s 2020-2021 budget was planned to include providing a historical $25 billion stimulus.
The plan includes: