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Madagascar vs Colombia
Tax Rate Comparison

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

🇲🇬 Madagascar
vs
🇨🇴 Colombia
Tax Year:

💰 Personal Income Tax Calculator

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

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–20%
20% top; climate adaptation and cyclone resilience priority
No change
0–39%
Reform proposals; Petro administration final year
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
20%
20% TVA maintained
No change
0–19%
19% standard; no major change
No change

Corporate Tax Rate

Corporate Tax Rate
20%
20% IBS; mineral royalties growing
No change
35%
35% stable; competitiveness concerns vs. regional peers
No change

Capital Gains Tax

Capital Gains Tax
20%
20% as income
No change
15%
15% flat; potential reform for real estate gains
No change

Social Security & Payroll

Social Security / Payroll
~19%
CNaPS reform; coverage expanding
No change
~30%
Pension reform fully phasing in; new contribution structure
No change
State, Regional & Local Taxes

🇲🇬 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.

🇨🇴 ColombiaDepartmental & Municipal Taxes

Colombia's 32 departments and 1,102 municipalities levy Industria y Comercio (ICA) — a gross receipts tax on business activity at 0.2%–1.4% of revenues. Municipalities set property tax (predial) rates within national ranges. The SIMPLE tax regime integrates various taxes for small businesses. Bogotá and Medellín have higher ICA rates than smaller cities. Departments levy taxes on alcohol, tobacco, and vehicle registration.

⚠️ 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.

Madagascar vs Colombia: Key Tax Differences (2026)

💰 Income Tax: 🇨🇴 Colombia has a higher top income tax rate (0–20% vs 0–39%). 🇲🇬 Madagascar is more favourable for high earners.

🛒 VAT/Sales Tax: Madagascar has a higher consumption tax (20% vs 0–19%).

🏢 Corporate Tax: 🇲🇬 Madagascar offers a lower corporate rate (20% vs 35%), which can influence business location decisions.

📈 Capital Gains: 🇨🇴 Colombia taxes investment gains at a lower rate (15% vs 20%), benefiting investors.

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All 🇲🇬 Madagascar comparisons →All 🇨🇴 Colombia comparisons →