Madagascar Personal Income Tax Rate

The Personal Income Tax Rate in Madagascar stands at 20 percent. Personal Income Tax Rate in Madagascar averaged 22.50 percent from 2007 until 2016, reaching an all time high of 30.00 percent in 2007 and a record low of 20.00 percent in 2013.

Personal Income 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 Personal Income Tax Rate is projected to trend around 20.00 percent in 2020, according to our econometric models.

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Madagascar Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	20.00	20.00	30.00	20.00	percent	[+]
Personal Income Tax Rate	20.00	20.00	30.00	20.00	percent	[+]
Sales Tax Rate	20.00	20.00	21.00	20.00	percent	[+]
Social Security Rate	19.00	19.00	20.00	19.00	percent	[+]
Social Security Rate For Companies	18.00	18.00	18.00	18.00	percent	[+]
Social Security Rate For Employees	1.00	1.00	2.00	1.00	percent	[+]

In Madagascar, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Madagascar. This page provides the latest reported value for - Madagascar Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Madagascar Personal Income Tax Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

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

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Country	Last		Previous	Range
Japan	55.95	Dec/18	55.95	55.95 : 50	%
Netherlands	51.75	Dec/19	51.95	60 : 51.75	%
Australia	45.00	Dec/18	45	47 : 45	%
China	45.00	Dec/18	45	45 : 45	%
France	45.00	Dec/19	45	59.6 : 40	%
Germany	45.00	Dec/19	45	57 : 42	%
South Africa	45.00	Dec/18	45	45 : 40	%
Spain	45.00	Dec/19	45	56 : 43	%
United Kingdom	45.00	Dec/19	45	50 : 40	%
Italy	43.00	Dec/19	43	51 : 43	%
South Korea	40.00	Dec/18	40	40 : 35	%
Switzerland	40.00	Dec/19	40	40.4 : 40	%
United States	37.00	Dec/18	39.6	39.6 : 35	%
India	35.88	Dec/18	35.54	35.88 : 30	%
Argentina	35.00	Dec/18	35	35 : 35	%
Mexico	35.00	Dec/18	35	35 : 28	%
Turkey	35.00	Dec/19	35	40 : 35	%
Canada	33.00	Dec/18	33	33 : 29	%
Indonesia	30.00	Dec/18	30	35 : 30	%
Brazil	27.50	Dec/18	27.5	27.5 : 27.5	%
Singapore	22.00	Dec/18	22	22 : 20	%
Russia	13.00	Dec/19	13	13 : 13	%
Saudi Arabia	0.00	Dec/18	0	0 : 0	%