The Jamaican government information service has published a release announcing that the Senate approved the Income Tax (Amendment) Act 2022 on 17 November 2022 to ensure conformity with international obligations. The release notes that the legislation is a companion to the Special Economic Zone (Amendment) Act, which included explicitly substance requirements to enjoy the benefits of operating in an SEZ, as well as restrictions on intellectual property activities in SEZs (previous coverage). According to Minister of Foreign Affairs and Foreign Trade, Kamina Johnson Smith, "both pieces of legislation work together to ensure conformity with international standards of tax transparency as well as improving efficiency in the administration of the regime". Further, amendments are made regarding the Employment Tax Credit (ETC) under the Income Tax Act, which provides business owners the ability to claim a credit against income tax payable for their contributions to their employees' statutory deductions. This benefit was prohibited for entities operating in SEZs, but through the amendments has been extended to include SEZ entities.