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British Virgin Islands vs Madagascar: tax rates compared
Madagascar's income tax rate is 25pp higher than British Virgin Islands's (25% vs 0%). The 200-country average is 28%: both sit below it.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | VG | MG | Difference |
|---|---|---|---|
| Income Tax | 0% | 25% | MG +25 pplargest gap |
| Corporate Tax | 0% | 20% | MG +20 pp |
| VAT | 0% | 20% | MG +20 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-20 |
| Madagascar | 25% | 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 | −25 pp | Madagascar higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −20 pp | Madagascar higher |
Madagascar's corporate tax rate is 20pp higher than British Virgin Islands's (20% vs 0%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — Inland Revenue Department · as of 2026-07-19 |
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Difference | −20 pp | Madagascar higher |
Madagascar's VAT rate is 20pp higher than British Virgin Islands's (20% vs 0%). The 181-country average is 15%: British Virgin Islands sits below it, Madagascar sits above it. British Virgin Islands's figure is dated 2026-07-19 and Madagascar's 2025-11-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — Inland Revenue Department services listing · as of 2026-07-18 |
| Madagascar | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18 |
| Difference | 0 pp | displayed rates match |
British Virgin Islands's wealth tax rate is identical to Madagascar's — both sit at 0%. The 193-country average is 0.1%: both sit below it. British Virgin Islands's figure is dated 2026-07-18 and Madagascar's 2025-11-18, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.