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Bangladesh vs Madagascar
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇧🇩 Bangladesh
vs
🇲🇬 Madagascar
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–30%
LDC graduation adjustments; revenue mobilization priority
No change
0–20%
20% top; climate adaptation and cyclone resilience priority
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
15% standard; digital economy VAT enforcement
No change
20%
20% TVA maintained
No change
Corporate Tax Rate
Corporate Tax Rate
20–45%
Rates maintained; RMG sector retains export incentives
No change
20%
20% IBS; mineral royalties growing
No change
Capital Gains Tax
Capital Gains Tax
15%
15% on securities
No change
20%
20% as income
No change
Social Security & Payroll
Social Security / Payroll
~3%
Social protection floor development post-LDC graduation
No change
~19%
CNaPS reform; coverage expanding
No change
State, Regional & Local Taxes

🇧🇩 BangladeshLocal Government & Municipal Taxes

Bangladesh's 8 divisions, 64 districts, and 492 upazilas have limited tax powers. City corporations (like Dhaka, Chittagong) levy holding tax (property tax) on buildings at rates set by each corporation. Union Parishads collect land development taxes. The National Board of Revenue (NBR) administers income, VAT, and customs nationally. The garment sector (RMG) is a dominant export industry with special fiscal treatment. Bangladesh graduated from LDC status in 2026 with implications for trade preferences and tax policy.

🇲🇬 MadagascarRegion & Commune Taxes

Madagascar's 6 provinces, 22 regions, and 1,695 communes levy Taxe Foncière sur les Terrains (TFT), Taxe Foncière sur les Propriétés Bâties (TFPB), and Taxe Professionnelle (TP — business licence). The Direction Générale des Impôts (DGI) administers national taxes. Madagascar is highly dependent on vanilla (world's largest producer), cloves, seafood exports, and mining (ilmenite, cobalt via Ambatovy). It's among the world's poorest countries. Cyclones regularly disrupt the economy and infrastructure.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Bangladesh vs Madagascar: Key Tax Differences (2026)

💰 Income Tax: 🇧🇩 Bangladesh has a higher top income tax rate (0–30% vs 0–20%). 🇲🇬 Madagascar is more favourable for high earners.

🛒 VAT/Sales Tax: Madagascar has a higher consumption tax (15% vs 20%).

🏢 Corporate Tax: 🇲🇬 Madagascar offers a lower corporate rate (20% vs 45%), which can influence business location decisions.

📈 Capital Gains: 🇧🇩 Bangladesh taxes investment gains at a lower rate (15% vs 20%), benefiting investors.

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