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British Virgin Islands vs Madagascar: tax rates compared

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.

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%VG 0%MG 20%
Corporate Tax, side by side
CountryRateSource
British Virgin Islands0%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%VG 0%MG 0%
Wealth Tax, side by side
CountryRateSource
British Virgin Islands0%Source: Government of the Virgin Islands — Inland Revenue Department services listing · as of 2026-07-18
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Difference0 ppdisplayed 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: Income Tax, VAT, Capital Gains Tax, Crypto Tax.