MG · AfricaTW · Asia

Madagascar vs Taiwan: tax rates compared

Taiwan has an income tax rate of 40%, 15pp above Madagascar's 25%. The 200-country average is 28%: Madagascar sits below it, Taiwan 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

0102030405060Income25%40%Corporate20%VAT5%20%Wealth Tax0%
four shared taxes, side by side
Tax MG TWDifference
Income Tax25%40%TW +15 pplargest gap
Corporate Tax20%20%match
VAT20%5%MG +15 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
Taiwan40%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Taxes on personal income) · as of 2026-01-12
Difference−15 ppTaiwan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Taiwan20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Madagascar and Taiwan share the same corporate tax rate: 20%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Taiwan5%Source: PWC Worldwide Tax Summaries — Taiwan (Corporate, Other taxes) · as of 2026-01-12
Difference+15 ppMadagascar higher

Madagascar has a VAT rate of 20%, 15pp above Taiwan's 5%. The 181-country average is 15%: Madagascar sits above it, Taiwan sits below it. Madagascar's figure is dated 2025-11-18 and Taiwan's 2026-01-12, so the two rates come from different data vintages.

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
Taiwan0%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Other taxes) · as of 2026-01-12
Difference0 ppdisplayed rates match

Madagascar and Taiwan 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 Taiwan's 2026-01-12, so the two rates come from different data vintages.

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