MG · AfricaKN · Americas

Madagascar vs Saint Kitts and Nevis: tax rates compared

Between the two, Madagascar's income tax rate (25%) tops Saint Kitts and Nevis's (0%) by 25pp. The 200-country average is 28%: both sit below it. Madagascar's figure is dated 2026-01-01 and Saint Kitts and Nevis's 2017-12-31, 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

0102030405060Income0%25%Corporate20%33%VAT17%20%Wealth Tax0%
four shared taxes, side by side
Tax MG KNDifference
Income Tax25%0%MG +25 pplargest gap
Corporate Tax20%33%KN +13 pp
VAT20%17%MG +3 pp
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
Saint Kitts and Nevis0%Source: Laws of Saint Christopher and Nevis — Income Tax Act, Cap. 20.22, Section 3 · as of 2017-12-31
Difference+25 ppMadagascar higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Saint Kitts and Nevis33%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−13 ppSaint Kitts and Nevis higher

Between the two, Saint Kitts and Nevis's corporate tax rate (33%) tops Madagascar's (20%) by 13pp. The 201-country average is 22.6%: Madagascar sits below it, Saint Kitts and Nevis sits above it.

VAT

VAT, side by side
CountryRateSource
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Saint Kitts and Nevis17%Source: Saint Kitts and Nevis Inland Revenue Department · as of 2025-07-01
Difference+3 ppMadagascar higher

Between the two, Madagascar's VAT rate (20%) tops Saint Kitts and Nevis's (17%) by 3pp. The 181-country average is 15%: both sit above 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
Saint Kitts and Nevis0%Source: Saint Kitts and Nevis Inland Revenue Department — Types of Revenue · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Madagascar and Saint Kitts and Nevis both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Madagascar's figure is dated 2025-11-18 and Saint Kitts and Nevis's 2026-07-18, so the two rates come from different data vintages.

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