MG · Africa · MGA
Madagascar
Tax rates
Income Tax
25%
Top statutory rate
Corporate Tax
20%
Statutory rate
Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01VAT
20%
Standard rate
Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18Wealth Tax
0%
Not levied
Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
No verified data yet for: Capital Gains Tax, Crypto Tax.
Estimate your income tax on a salary with the income tax calculator.
Notes & in practice
Income Tax
Madagascar taxes salary income under the IRSA (Impôt sur les Revenus Salariaux et Assimilés) scale, progressive from 0% up to a top rate of 25% on income above MGA 4,000,000 under the 2026 Finance Law (Loi n° 2025-021, Article 01.03.16).
VAT
In practice
- Filing
VAT applies to services performed in Madagascar by a corporate entity with turnover equal to or exceeding MGA 400 million. Non-resident suppliers with no permanent establishment face no minimum-turnover threshold and remain liable regardless of turnover, via an appointed local tax representative or, absent one, the local recipient of the service.
Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18- Exemptions
Madagascar's 2026 Finance Law exempts interest charged by microfinance institutions and on personal loans from VAT, and reinstates a VAT exemption for the import and sale of books and newspapers.
Source: Ministère de l'Économie et des Finances (Madagascar) — Loi n° 2025-021 portant Loi de Finances pour 2026 · as of 2026-01-01
Wealth Tax
No net wealth tax levied.