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Canada vs Madagascar: tax rates compared
Between the two, Canada's income tax rate (53.5%) tops Madagascar's (25%) by 28.5pp. The 200-country average is 28%: Canada sits above it, Madagascar sits below it. Canada's figure is dated 2025-01-01 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
| Tax | CA | MG | Difference |
|---|---|---|---|
| Income Tax | 53.5% | 25% | CA +28.5 pplargest gap |
| Corporate Tax | 26% | 20% | CA +6 pp |
| VAT | 5% | 20% | MG +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| 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 | +28.5 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 26% | 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 | +6 pp | Canada higher |
Between the two, Canada's corporate tax rate (26%) tops Madagascar's (20%) by 6pp. The 201-country average is 22.6%: Canada sits above it, Madagascar sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Difference | −15 pp | Madagascar higher |
Between the two, Madagascar's VAT rate (20%) tops Canada's (5%) by 15pp. The 181-country average is 15%: Canada sits below it, Madagascar sits above it. Canada's figure is dated 2026-06-12 and Madagascar's 2025-11-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| 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 |
There's no gap here — Canada and Madagascar both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Canada's figure is dated 2026-06-12 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.