Madagascar vs Jamaica
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇲🇬 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.
🇯🇲 Jamaica — Parish Councils & Local Taxes
Jamaica's 14 parishes each have a parish council that levies property tax (based on unimproved value at progressive rates), business licences, and local improvement fees. The Tax Administration Jamaica (TAJ) administers national taxes. Jamaica has undergone significant tax reform and fiscal consolidation since its 2013–19 IMF Extended Fund Facility. The income tax threshold was significantly raised in 2016 to benefit low-income workers. Remittances are a key income source (~16% of GDP). Tourism is the primary export sector.
Madagascar vs Jamaica: Key Tax Differences (2026)
💰 Income Tax: 🇯🇲 Jamaica has a higher top income tax rate (0–20% vs 0–25%). 🇲🇬 Madagascar is more favourable for high earners.
🛒 VAT/Sales Tax: Madagascar has a higher consumption tax (20% vs 15%).
🏢 Corporate Tax: 🇲🇬 Madagascar offers a lower corporate rate (20% vs 25%), which can influence business location decisions.
📈 Capital Gains: 🇯🇲 Jamaica taxes investment gains at a lower rate (0% vs 20%), benefiting investors.