LI · EuropeMG · Africa

Liechtenstein vs Madagascar: tax rates compared

Between the two, Madagascar's income tax rate (25%) tops Liechtenstein's (22.4%) by 2.6pp. The 200-country average is 28%: both sit below it.

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

0102030405060Income22.4%25%Corporate12.5%20%VAT8.1%20%Wealth Tax0%
four shared taxes, side by side
Tax LI MGDifference
Income Tax22.4%25%MG +2.6 pp
Corporate Tax12.5%20%MG +7.5 pp
VAT8.1%20%MG +11.9 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Liechtenstein22.4%Source: PWC Worldwide Tax Summaries — Liechtenstein (Individual, Taxes on personal income) · as of 2026-06-09
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
Difference−2.6 ppMadagascar higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Liechtenstein12.5%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 ppMadagascar higher

Between the two, Madagascar's corporate tax rate (20%) tops Liechtenstein's (12.5%) by 7.5pp. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Liechtenstein8.1%Source: PWC Worldwide Tax Summaries — Liechtenstein (Corporate, Other taxes) · as of 2024-01-01
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Difference−11.9 ppMadagascar higher

Between the two, Madagascar's VAT rate (20%) tops Liechtenstein's (8.1%) by 11.9pp. The 181-country average is 15%: Liechtenstein sits below it, Madagascar sits above it. Liechtenstein's figure is dated 2024-01-01 and Madagascar's 2025-11-18, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Liechtenstein0%Source: PWC Worldwide Tax Summaries — Liechtenstein (Individual, Other taxes) · as of 2026-06-09
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 — Liechtenstein and Madagascar both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Liechtenstein's figure is dated 2026-06-09 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.