The Sales Tax Rate in Madagascar stands at 20 percent.

Sales Tax Rate in Madagascar averaged 20.08 percent from 2008 until 2020, reaching an all time high of 21 percent in 2009 and a record low of 20 percent in 2008. This page provides - Madagascar Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. Madagascar Sales Tax Rate - values, historical data and charts - was last updated on June of 2020.

Sales Tax Rate in Madagascar is expected to reach 20.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Sales Tax Rate is projected to trend around 20.00 percent in 2021, according to our econometric models.

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Madagascar Sales Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 21.00 20.00 2008 - 2020 percent Yearly

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 [+]


Madagascar Sales Tax Rate
In Madagascar, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Madagascar.