The Corporate Tax Rate in Madagascar stands at 20 percent.

Corporate Tax Rate in Madagascar averaged 22.50 percent from 2007 until 2018, reaching an all time high of 30 percent in 2008 and a record low of 20 percent in 2013. This page provides - Madagascar Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Corporate Tax Rate in Madagascar is expected to be 20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Corporate Tax Rate is projected to trend around 20.00 percent in 2020, according to our econometric models.

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Madagascar Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 30.00 20.00 2007 - 2018 percent Yearly

Madagascar Corporate Tax Rate
In Madagascar, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Madagascar.