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Brazil vs Madagascar: tax rates compared

Brazil's income tax rate is 2.5pp higher than Madagascar's (27.5% vs 25%). The 200-country average is 28%: both sit below it. Brazil's figure is dated 2025-05-02 and Madagascar's 2026-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income25%27.5%Corporate20%34%Wealth Tax0%
three shared taxes, side by side
Tax BR MGDifference
Income Tax27.5%25%BR +2.5 pp
Corporate Tax34%20%BR +14 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Brazil27.5%Source: PWC Worldwide Tax Summaries — Brazil (Individual, Taxes on personal income) · as of 2025-05-02
Madagascar25%Source: Ministère de l'Économie et des Finances (Madagascar) — Loi n° 2025-021 portant Loi de Finances pour 2026, Article 01.03.16 · as of 2026-01-01
Difference+2.5 ppBrazil higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Brazil34%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+14 ppBrazil higher

Brazil's corporate tax rate is 14pp higher than Madagascar's (34% vs 20%). The 201-country average is 22.6%: Brazil sits above it, Madagascar sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Brazil0%Source: PWC Worldwide Tax Summaries — Brazil (Individual, Other taxes) · as of 2025-05-02
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Difference0 ppdisplayed rates match

Brazil's wealth tax rate is identical to Madagascar's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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