MG · AfricaPH · Asia
Madagascar vs Philippines: tax rates compared
Philippines has an income tax rate of 35%, 10pp above Madagascar's 25%. The 200-country average is 28%: Madagascar sits below it, Philippines 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 | PH | Difference |
|---|---|---|---|
| Income Tax | 25% | 35% | PH +10 pplargest gap |
| Corporate Tax | 20% | 25% | PH +5 pp |
| VAT | 20% | 12% | MG +8 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 |
| Philippines | 35% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02 |
| Difference | −10 pp | Philippines higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Philippines | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Philippines higher |
Philippines has a corporate tax rate of 25%, 5pp above Madagascar's 20%. The 201-country average is 22.6%: Madagascar sits below it, Philippines sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Philippines | 12% | Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | +8 pp | Madagascar higher |
Madagascar has a VAT rate of 20%, 8pp above Philippines's 12%. The 181-country average is 15%: Madagascar sits above it, Philippines sits below it. Madagascar's figure is dated 2025-11-18 and Philippines's 2026-01-12, 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 |
| Philippines | 0% | Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12 |
| Difference | 0 pp | displayed rates match |
Madagascar and Philippines share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Madagascar's figure is dated 2025-11-18 and Philippines's 2026-01-12, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.