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Bulgaria vs Madagascar
Tax Rate Comparison

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

🇧🇬 Bulgaria
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
10%
10% flat; EU lowest; reform pressure growing with deficits
No change
0–20%
20% top; climate adaptation and cyclone resilience priority
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
9–20%
Standard 20%; 9% for hospitality
No change
20%
20% TVA maintained
No change
Corporate Tax Rate
Corporate Tax Rate
10%
10% maintained; Pillar Two compliance active
No change
20%
20% IBS; mineral royalties growing
No change
Capital Gains Tax
Capital Gains Tax
10%
10% flat
No change
20%
20% as income
No change
Social Security & Payroll
Social Security / Payroll
~32.7%
Pension system under significant pressure
No change
~19%
CNaPS reform; coverage expanding
No change
State, Regional & Local Taxes

🇧🇬 BulgariaMunicipal Taxes

Bulgaria's 265 municipalities set local tax rates within nationally defined bands. Property tax (danuk varhu nedvizhimi imoti) is levied at 0.01%–0.45% of the property's tax value (set by municipalities). Vehicle tax and patent tax for micro-enterprises are also locally determined. Sofia Municipality applies higher property tax coefficients than rural areas. Bulgaria has the EU's lowest flat income and corporate tax rates at 10%, making it a competitive jurisdiction for businesses.

🇲🇬 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.

Bulgaria vs Madagascar: Key Tax Differences (2026)

💰 Income Tax: 🇲🇬 Madagascar has a higher top income tax rate (10% vs 0–20%). 🇧🇬 Bulgaria is more favourable for high earners.

🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (9–20% vs 20%).

🏢 Corporate Tax: 🇧🇬 Bulgaria offers a lower corporate rate (10% vs 20%), which can influence business location decisions.

📈 Capital Gains: 🇧🇬 Bulgaria taxes investment gains at a lower rate (10% vs 20%), benefiting investors.

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