Jamaica's Tax Administration (TAJ) recently published a tax bulletin containing a Technical Advisory dated 28 April 2022 on the Tax Implications Advance Payments/Receipts. The technical advisory clarifies the concept of "earned income" and "income arising or accruing to a person" and, in particular, the TAJ's policy on the accepted income tax treatment for advanced rent. The advisory concerns a 15-year lease agreement, the terms of which stipulated that the 15th year rent was to be paid upon…