DK · EuropeMG · Africa
Denmark vs Madagascar: tax rates compared
Denmark has an income tax rate of 55.9%, 30.9pp above Madagascar's 25%. The 200-country average is 28%: Denmark sits above it, Madagascar sits below it. Denmark'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 | DK | MG | Difference |
|---|---|---|---|
| Income Tax | 55.9% | 25% | DK +30.9 pplargest gap |
| Corporate Tax | 22% | 20% | DK +2 pp |
| VAT | 25% | 20% | DK +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 55.9% | 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 | +30.9 pp | Denmark higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 22% | 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 | +2 pp | Denmark higher |
Denmark has a corporate tax rate of 22%, 2pp above Madagascar's 20%. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Denmark | 25% | Source: PWC Worldwide Tax Summaries — Denmark (Corporate, Other taxes) · as of 2026-02-25 |
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Difference | +5 pp | Denmark higher |
Denmark has a VAT rate of 25%, 5pp above Madagascar's 20%. The 181-country average is 15%: both sit above it. Denmark's figure is dated 2026-02-25 and Madagascar's 2025-11-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 0% | Source: PWC Worldwide Tax Summaries — Denmark (Individual, Other taxes) · as of 2026-06-25 |
| 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 |
Denmark and Madagascar share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Denmark's figure is dated 2026-06-25 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.