MG · AfricaNZ · Oceania
Madagascar vs New Zealand: tax rates compared
New Zealand's income tax rate is 14pp higher than Madagascar's (39% vs 25%). The 200-country average is 28%: Madagascar sits below it, New Zealand sits above it. Madagascar's figure is dated 2026-01-01 and New Zealand's 2025-01-01, 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 | MG | NZ | Difference |
|---|---|---|---|
| Income Tax | 25% | 39% | NZ +14 pplargest gap |
| Corporate Tax | 20% | 28% | NZ +8 pp |
| VAT | 20% | 15% | MG +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| 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 |
| New Zealand | 39% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −14 pp | New Zealand higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| New Zealand | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −8 pp | New Zealand higher |
New Zealand's corporate tax rate is 8pp higher than Madagascar's (28% vs 20%). The 201-country average is 22.6%: Madagascar sits below it, New Zealand sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| New Zealand | 15% | Source: PWC Worldwide Tax Summaries — New Zealand (Corporate, Other taxes) · as of 2026-07-06 |
| Difference | +5 pp | Madagascar higher |
Madagascar's VAT rate is 5pp higher than New Zealand's (20% vs 15%). The 181-country average is 15%: Madagascar sits above it, New Zealand matches the world average. Madagascar's figure is dated 2025-11-18 and New Zealand's 2026-07-06, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18 |
| New Zealand | 0% | Source: PWC Worldwide Tax Summaries — New Zealand (Net wealth/worth tax rates) · as of 2026-07-06 |
| Difference | 0 pp | displayed rates match |
Madagascar's wealth tax rate is identical to New Zealand'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 New Zealand's 2026-07-06, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.