MG · AfricaSK · Europe
Madagascar vs Slovakia: tax rates compared
Madagascar's income tax rate is identical to Slovakia's — both sit at 25%. The 200-country average is 28%: both sit below it. Madagascar's figure is dated 2026-01-01 and Slovakia's 2025-01-01, 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
| Tax | MG | SK | Difference |
|---|---|---|---|
| Income Tax | 25% | 25% | match |
| Corporate Tax | 20% | 24% | SK +4 pplargest gap |
| VAT | 20% | 23% | SK +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 |
| Slovakia | 25% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Slovakia | 24% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −4 pp | Slovakia higher |
Slovakia's corporate tax rate is 4pp higher than Madagascar's (24% vs 20%). The 201-country average is 22.6%: Madagascar sits below it, Slovakia sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Slovakia | 23% | Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01 |
| Difference | −3 pp | Slovakia higher |
Slovakia's VAT rate is 3pp higher than Madagascar's (23% vs 20%). The 181-country average is 15%: both sit above 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 |
| Slovakia | 0% | Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20 |
| Difference | 0 pp | displayed rates match |
Madagascar's wealth tax rate is identical to Slovakia'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 Slovakia's 2026-01-20, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.