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Madagascar vs Mexico
Tax Rate Comparison

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

πŸ‡²πŸ‡¬ Madagascar
vs
πŸ‡²πŸ‡½ Mexico
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
0–20%
20% top; climate adaptation and cyclone resilience priority
No change
1.92–35%
Rates stable; fiscal consolidation needed
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
20%
20% TVA maintained
No change
0–16%
Standard 16% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
20%
20% IBS; mineral royalties growing
No change
30%
30% maintained; Pillar Two discussions
No change
Capital Gains Tax
Capital Gains Tax
20%
20% as income
No change
35%
No change
No change
Social Security & Payroll
Social Security / Payroll
~19%
CNaPS reform; coverage expanding
No change
~35%
Nearshoring investment affecting payroll dynamics
No change
State, Regional & Local Taxes

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.

πŸ‡²πŸ‡½ Mexico β€” State & Municipal Taxes

Mexico's 31 states and Mexico City each have their own regimes. States charge local payroll tax (Impuesto Sobre NΓ³mina) at 1%–4% (employer-paid). Municipal property tax (predial) rates vary significantly. Some states have lodging and entertainment levies. The Maquila sector benefits from special IMMEX programs. Nearshoring boom is driving new investment.

⚠️ 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 Mexico: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡²πŸ‡½ Mexico has a higher top income tax rate (0–20% vs 1.92–35%). πŸ‡²πŸ‡¬ Madagascar is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Madagascar has a higher consumption tax (20% vs 0–16%).

🏒 Corporate Tax: πŸ‡²πŸ‡¬ Madagascar offers a lower corporate rate (20% vs 30%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡²πŸ‡¬ Madagascar taxes investment gains at a lower rate (20% vs 35%), benefiting investors.

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