MG · AfricaUY · Americas
Madagascar vs Uruguay: tax rates compared
Uruguay's income tax rate is 11pp higher than Madagascar's (36% vs 25%). The 200-country average is 28%: Madagascar sits below it, Uruguay sits above it. Madagascar's figure is dated 2026-01-01 and Uruguay's 2025-12-31, 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 | UY | Difference |
|---|---|---|---|
| Income Tax | 25% | 36% | UY +11 pplargest gap |
| Corporate Tax | 20% | 25% | UY +5 pp |
| VAT | 20% | 22% | UY +2 pp |
| Wealth Tax | 0% | 0.1% | UY +0.1 pp |
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 |
| Uruguay | 36% | Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | −11 pp | Uruguay higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Uruguay | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Uruguay higher |
Uruguay's corporate tax rate is 5pp higher than Madagascar's (25% vs 20%). The 201-country average is 22.6%: Madagascar sits below it, Uruguay sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Madagascar | 20% | Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18 |
| Uruguay | 22% | Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18 |
| Difference | −2 pp | Uruguay higher |
Uruguay's VAT rate is 2pp higher than Madagascar's (22% vs 20%). The 181-country average is 15%: both sit above it. Madagascar's figure is dated 2025-11-18 and Uruguay's 2024-06-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Madagascar | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18 |
| Uruguay | 0.1% | Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01 |
| Difference | −0.1 pp | Uruguay higher |
Uruguay's wealth tax rate is 0.1pp higher than Madagascar's (0.1% vs 0%). The 193-country average is 0.1%: Madagascar sits below it, Uruguay matches the world average.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.