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Bahamas vs Madagascar: tax rates compared

Between the two, Madagascar's corporate tax rate (20%) tops Bahamas's (0%) by 20pp. The 201-country average is 22.6%: both sit below it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%BS 0%MG 20%
Corporate Tax, side by side
CountryRateSource
Bahamas0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−20 ppMadagascar higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%BS 0%MG 0%
Wealth Tax, side by side
CountryRateSource
Bahamas0%Source: PWC Worldwide Tax Summaries — Bahamas, The (Net wealth/worth tax rates) · as of 2026-02-24
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Difference0 ppdisplayed rates match

There's no gap here — Bahamas and Madagascar both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Bahamas's figure is dated 2026-02-24 and Madagascar's 2025-11-18, so the two rates come from different data vintages.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.