BF · AfricaMG · Africa

Burkina Faso vs Madagascar: tax rates compared

There's no gap here — Burkina Faso and Madagascar both post an income tax rate of 25%. The 200-country average is 28%: both sit below it. Burkina Faso's figure is dated 2023-01-01 and Madagascar's 2026-01-01, so the two rates come from different data vintages.

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

0102030405060Income25%Corporate20%27.5%VAT18%20%Wealth Tax0%
four shared taxes, side by side
Tax BF MGDifference
Income Tax25%25%match
Corporate Tax27.5%20%BF +7.5 pplargest gap
VAT18%20%MG +2 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Burkina Faso25%Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts 2023 · as of 2023-01-01
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
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Burkina Faso27.5%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+7.5 ppBurkina Faso higher

Between the two, Burkina Faso's corporate tax rate (27.5%) tops Madagascar's (20%) by 7.5pp. The 201-country average is 22.6%: Burkina Faso sits above it, Madagascar sits below it.

VAT

VAT, side by side
CountryRateSource
Burkina Faso18%Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts · as of 2023-01-01
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Difference−2 ppMadagascar higher

Between the two, Madagascar's VAT rate (20%) tops Burkina Faso's (18%) by 2pp. The 181-country average is 15%: both sit above it. Burkina Faso's figure is dated 2023-01-01 and Madagascar's 2025-11-18, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Burkina Faso0%Source: ATAF — "Burkina Faso evaluates wealth tax options through ATAF Engagement" · as of 2026-03-15
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 — Burkina Faso and Madagascar both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Burkina Faso's figure is dated 2026-03-15 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.