MG · Africa ↔ TT · Americas

Madagascar vs Trinidad and Tobago: tax rates compared

Trinidad and Tobago's corporate tax rate is 10pp higher than Madagascar's (30% vs 20%). The 201-country average is 22.6%: Madagascar sits below it, Trinidad and Tobago 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

0102030405060World avg 22.6%MG 20%TT 30%
Corporate Tax, side by side
CountryRateSource
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Trinidad and Tobago30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppTrinidad and Tobago higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%MG 0%TT 0%
Wealth Tax, side by side
CountryRateSource
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Trinidad and Tobago0%Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02
Difference0 ppdisplayed rates match

Madagascar's wealth tax rate is identical to Trinidad and Tobago'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 Trinidad and Tobago's 2026-06-02, so the two rates come from different data vintages.

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