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IFRS 17 and Jamaican Income Tax Law — Reconciling Global Standards with Local Regulations
July 8, 2025by Dr Dawkins Brown
The adoption of IFRS 17 Insurance Contracts marks a seismic shift in global insurance accounting. Designed to increase comparability, transparency, and risk insight, IFRS 17 introduces profound changes in how insurers recognize revenue, expenses, and liabilities. But for Jamaican insurers, there’s a twist: compliance with IFRS 17 must coexist with the framework of Jamaica’s Income...
