MG · AfricaPS · Asia
Madagascar vs Palestine: tax rates compared
Madagascar's income tax rate is 10pp higher than Palestine's (25% vs 15%). 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
| Tax | MG | PS | Difference |
|---|---|---|---|
| Income Tax | 25% | 15% | MG +10 pplargest gap |
| Corporate Tax | 20% | 15% | MG +5 pp |
| VAT | 20% | 16% | MG +4 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 |
| Palestine | 15% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09 |
| Difference | +10 pp | Madagascar higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Palestine | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Madagascar higher |
Madagascar's corporate tax rate is 5pp higher than Palestine's (20% vs 15%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Palestine | 16% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09 |
| Difference | +4 pp | Madagascar higher |
Madagascar's VAT rate is 4pp higher than Palestine's (20% vs 16%). The 181-country average is 15%: both sit above it. Madagascar's figure is dated 2025-11-18 and Palestine's 2026-02-09, 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 |
| Palestine | 0% | Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09 |
| Difference | 0 pp | displayed rates match |
Madagascar's wealth tax rate is identical to Palestine'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 Palestine's 2026-02-09, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.