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Madagascar vs Slovakia
Tax Rate Comparison

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

🇲🇬 Madagascar
vs
🇸🇰 Slovakia
Tax Year:

💰 Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison →
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–20%
20% top; climate adaptation and cyclone resilience priority
No change
19–25%
Rates stable; fiscal consolidation ongoing
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
20%
20% TVA maintained
No change
5–20%
New 5% super-reduced rate phasing in
No change
Corporate Tax Rate
Corporate Tax Rate
20%
20% IBS; mineral royalties growing
No change
15–21%
21% large; 15% small; Pillar Two compliance
No change
Capital Gains Tax
Capital Gains Tax
20%
20% as income
No change
19–25%
As income; no separate CGT
No change
Social Security & Payroll
Social Security / Payroll
~19%
CNaPS reform; coverage expanding
No change
~48.6%
Highest in EU; reform pressure
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.

🇸🇰 SlovakiaMunicipal Property & Business Taxes

Slovakia's 79 districts and 2,927 municipalities have limited taxing powers. Municipalities set property tax (daň z nehnuteľností) within nationally defined limits and may apply local coefficients. Commercial property tax in Bratislava is higher than rural areas. Vehicle tax is set regionally. A local fee for municipal waste applies. Slovakia uses a progressive income tax system since abandoning its flat 19% rate in 2013. The 15% CIT rate for SMEs is one of the EU's most competitive.

⚠️ 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 Slovakia: Key Tax Differences (2026)

💰 Income Tax: 🇸🇰 Slovakia has a higher top income tax rate (0–20% vs 19–25%). 🇲🇬 Madagascar is more favourable for high earners.

🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (20% vs 5–20%).

🏢 Corporate Tax: 🇲🇬 Madagascar offers a lower corporate rate (20% vs 21%), which can influence business location decisions.

📈 Capital Gains: 🇲🇬 Madagascar taxes investment gains at a lower rate (20% vs 25%), benefiting investors.

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