Madagascar vs Bahamas
Tax Rate Comparison
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💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
🇲🇬 Madagascar — 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 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.
🇧🇸 Bahamas — Local Government Rates & Fees
The Bahamas' islands have local government bodies collecting fees for services, building permits, and business licences. The Bahamas famously has no income tax, no capital gains tax, no corporate income tax, and no withholding tax — making it one of the world's purest zero-tax jurisdictions. Revenue comes through VAT (introduced 2015), real property tax, customs duties, and stamp duty. As a major offshore financial centre and tourism destination, the Bahamas has faced OECD/FATF pressure on transparency and has made significant reforms.
Madagascar vs Bahamas: Key Tax Differences (2026)
💰 Income Tax: 🇲🇬 Madagascar has a higher top income tax rate (0–20% vs 0%). 🇧🇸 Bahamas is more favourable for high earners.
🛒 VAT/Sales Tax: Madagascar has a higher consumption tax (20% vs 10%).
🏢 Corporate Tax: 🇧🇸 Bahamas offers a lower corporate rate (0% vs 20%), which can influence business location decisions.
📈 Capital Gains: 🇧🇸 Bahamas taxes investment gains at a lower rate (0% vs 20%), benefiting investors.