MG · AfricaSM · Europe
Madagascar vs San Marino: tax rates compared
Between the two, San Marino's income tax rate (35%) tops Madagascar's (25%) by 10pp. The 200-country average is 28%: Madagascar sits below it, San Marino sits above it. Madagascar's figure is dated 2026-01-01 and San Marino's 2025-12-12, so the two rates come from different data vintages.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | MG | SM | Difference |
|---|---|---|---|
| Income Tax | 25% | 35% | SM +10 pplargest gap |
| Corporate Tax | 20% | 17% | MG +3 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 |
| San Marino | 35% | Source: Consiglio Grande e Generale (Parliament of San Marino) — Legge 16 dicembre 2013 n.166, testo coordinato in materia di imposta generale sui redditi, Allegato C (consolidated text, updated to 12 December 2025) · as of 2025-12-12 |
| Difference | −10 pp | San Marino higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| San Marino | 17% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +3 pp | Madagascar higher |
Between the two, Madagascar's corporate tax rate (20%) tops San Marino's (17%) by 3pp. The 201-country average is 22.6%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18 |
| San Marino | 0% | Source: Repubblica di San Marino, Portale del Governo — IGR: Gestione Imposte dirette, Patrimoniale (official administrative portal) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Madagascar and San Marino 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 San Marino's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.