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Greece vs Madagascar
Tax Rate Comparison

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

πŸ‡¬πŸ‡· Greece
vs
πŸ‡²πŸ‡¬ Madagascar
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–44%
Further relief measures proposed for middle income
No change
0–20%
20% top; climate adaptation and cyclone resilience priority
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
6–24%
24% standard; no change
No change
20%
20% TVA maintained
No change
Corporate Tax Rate
Corporate Tax Rate
22%
22%; debate on further reduction to attract investment
No change
20%
20% IBS; mineral royalties growing
No change
Capital Gains Tax
Capital Gains Tax
15%
15% maintained; real estate market booming
No change
20%
20% as income
No change
Social Security & Payroll
Social Security / Payroll
~39%
Pension system under ongoing reform
No change
~19%
CNaPS reform; coverage expanding
No change
State, Regional & Local Taxes

πŸ‡¬πŸ‡· Greece β€” Municipal & Regional Taxes

Greece's 13 regions (perifereies) and 325 municipalities (dimoi) do not set income tax independently. However, municipalities levy ENFIA supplements (property tax top-ups) and local business fees. The ENFIA (Single Property Tax) is nationally set but has municipal supplement components. EETA (special property levy) applies to certain properties. Greece's tax system has been substantially reformed since the 2010 bailout, with major improvements to compliance and electronic filing requirements.

πŸ‡²πŸ‡¬ Madagascar β€” Region & Commune Taxes

Madagascar's 6 provinces, 22 regions, and 1,695 communes levy Taxe Foncière sur les Terrains (TFT), Taxe Foncière sur les Propriétés BÒties (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.

Greece vs Madagascar: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¬πŸ‡· Greece has a higher top income tax rate (0–44% vs 0–20%). πŸ‡²πŸ‡¬ Madagascar is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Greece has a higher consumption tax (6–24% vs 20%).

🏒 Corporate Tax: πŸ‡²πŸ‡¬ Madagascar offers a lower corporate rate (20% vs 22%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡¬πŸ‡· Greece taxes investment gains at a lower rate (15% vs 20%), benefiting investors.

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