MG · AfricaMM · Asia

Madagascar vs Myanmar: tax rates compared

Madagascar's income tax rate is identical to Myanmar's — both sit at 25%. The 200-country average is 28%: both sit below it.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income25%Corporate20%22%Wealth Tax0%
three shared taxes, side by side
Tax MG MMDifference
Income Tax25%25%match
Corporate Tax20%22%MM +2 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
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
Myanmar25%Source: PWC Worldwide Tax Summaries — Myanmar (Individual, Taxes on personal income) · as of 2026-01-21
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Myanmar22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−2 ppMyanmar higher

Myanmar's corporate tax rate is 2pp higher than Madagascar's (22% vs 20%). The 201-country average is 22.6%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Myanmar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-01-21
Difference0 ppdisplayed rates match

Madagascar's wealth tax rate is identical to Myanmar's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Madagascar's figure is dated 2025-11-18 and Myanmar's 2026-01-21, so the two rates come from different data vintages.

Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.