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Madagascar vs Saint Vincent and the Grenadines: tax rates compared
Saint Vincent and the Grenadines's corporate tax rate is 8pp higher than Madagascar's (28% vs 20%). The 201-country average is 22.6%: Madagascar sits below it, Saint Vincent and the Grenadines sits above it.
Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Saint Vincent and the Grenadines | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −8 pp | Saint Vincent and the Grenadines higherlargest gap on this page |
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18 |
| Saint Vincent and the Grenadines | 0% | Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Madagascar's wealth tax rate is identical to Saint Vincent and the Grenadines'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 Saint Vincent and the Grenadines's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.