Accountants and accounting firmaccountants and auditorsAccountants and Auditors in Kingston Jamaicaaccounting firmAudit and AssuranceAudit and Assurance ServicesAudit firmTax FirmTax Planning ServicesTaxation Services
Investment Contracts with Discretionary Participation Features — Accounting Meets Tax
July 8, 2025by Dr Dawkins Brown
Under IFRS 17, certain investment contracts—those with Discretionary Participation Features (DPF)—fall within the standard’s scope, even though they may not transfer significant insurance risk. These contracts blur the line between investment management and insurance, and their treatment carries both accounting complexity and important tax implications. In its Technical Advisory, Tax Administration Jamaica (TAJ) has acknowledged...
