MG · AfricaPE · Americas
Madagascar vs Peru: tax rates compared
Peru has an income tax rate of 30%, 5pp above Madagascar's 25%. The 200-country average is 28%: Madagascar sits below it, Peru sits above 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 | PE | Difference |
|---|---|---|---|
| Income Tax | 25% | 30% | PE +5 pp |
| Corporate Tax | 20% | 29.5% | PE +9.5 pplargest gap |
| VAT | 20% | 18% | MG +2 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 |
| Peru | 30% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13 |
| Difference | −5 pp | Peru higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Peru | 29.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −9.5 pp | Peru higher |
Peru has a corporate tax rate of 29.5%, 9.5pp above Madagascar's 20%. The 201-country average is 22.6%: Madagascar sits below it, Peru sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Peru | 18% | Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | +2 pp | Madagascar higher |
Madagascar has a VAT rate of 20%, 2pp above Peru's 18%. The 181-country average is 15%: both sit above it. Madagascar's figure is dated 2025-11-18 and Peru's 2026-07-13, 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 |
| Peru | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
Madagascar and Peru share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.