Ecuador vs Madagascar
Tax Rate Comparison
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π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πͺπ¨ Ecuador β Municipal & Provincial Taxes
Ecuador's 24 provinces and 221 cantons (municipalities) levy the impuesto predial (property tax at 0.025%β0.5%), impuesto de patente (business licence), and municipal assets tax. Guayaquil and Quito have the highest municipal commercial charges. The Internal Revenue Service (SRI) administers national taxes. Ecuador uses the US dollar as official currency since 2000, providing monetary stability. Tax reform has been ongoing under successive administrations facing fiscal pressures from oil price volatility.
π²π¬ Madagascar β Region & Commune Taxes
Madagascar's 6 provinces, 22 regions, and 1,695 communes levy Taxe FonciΓ¨re sur les Terrains (TFT), Taxe FonciΓ¨re sur les PropriΓ©tΓ©s BΓ’ties (TFPB), and Taxe Professionnelle (TP β business licence). The Direction GΓ©nΓ©rale des ImpΓ΄ts (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.
Ecuador vs Madagascar: Key Tax Differences (2026)
π° Income Tax: πͺπ¨ Ecuador has a higher top income tax rate (0β37% vs 0β20%). π²π¬ Madagascar is more favourable for high earners.
π VAT/Sales Tax: Madagascar has a higher consumption tax (15% vs 20%).
π’ Corporate Tax: π²π¬ Madagascar offers a lower corporate rate (20% vs 25%), which can influence business location decisions.
π Capital Gains: πͺπ¨ Ecuador taxes investment gains at a lower rate (10% vs 20%), benefiting investors.