CL · AmericasMG · Africa
Chile vs Madagascar: tax rates compared
Chile's income tax rate is 15pp higher than Madagascar's (40% vs 25%). The 200-country average is 28%: Chile sits above it, Madagascar sits below it. Chile'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 | CL | MG | Difference |
|---|---|---|---|
| Income Tax | 40% | 25% | CL +15 pplargest gap |
| Corporate Tax | 27% | 20% | CL +7 pp |
| VAT | 19% | 20% | MG +1 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 40% | 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 | +15 pp | Chile higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 27% | 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 | +7 pp | Chile higher |
Chile's corporate tax rate is 7pp higher than Madagascar's (27% vs 20%). The 201-country average is 22.6%: Chile sits above it, Madagascar sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Chile | 19% | Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19 |
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Difference | −1 pp | Madagascar higher |
Madagascar's VAT rate is 1pp higher than Chile's (20% vs 19%). The 181-country average is 15%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Chile | 0% | Source: PWC Worldwide Tax Summaries — Chile (Individual, Other taxes) · as of 2025-12-19 |
| 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 |
Chile'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: Capital Gains Tax, Crypto Tax.