The revenue measures for the fiscal year 2013-2014 were presented to the House of Representatives by the Minister of Finance and Planning on 12 February 2013. The measures, which are taken to support the targets agreed with the International Monetary Fund (IMF), expect to raise the tax revenue to JMD 15.9 billion. The most relevant measures, which are generally effective from 1 April 2013, are summarized below. (a) Income tax -   Residents will be subject to a 15% tax rate on dividends received from resident companies. -   A 5% surtax will be charged on the taxable income of...