El Salvador vs Madagascar
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
🇸🇻 El Salvador — Municipal Taxes
El Salvador's 262 municipalities levy local taxes including the impuesto municipal de activo empresarial (business assets tax at 0.1%–1% of net assets), commercial licence fees, and property registration fees. San Salvador municipality has the highest rates. The Ministry of Finance (MH) administers national taxes. El Salvador adopted Bitcoin as legal tender in 2021 (alongside USD), creating unique crypto tax considerations, though the Bitcoin Law was modified in 2025. The country has attracted significant nearshoring and blockchain sector investment.
🇲🇬 Madagascar — 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 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.
El Salvador vs Madagascar: Key Tax Differences (2026)
💰 Income Tax: 🇸🇻 El Salvador has a higher top income tax rate (0–30% vs 0–20%). 🇲🇬 Madagascar is more favourable for high earners.
🛒 VAT/Sales Tax: Madagascar has a higher consumption tax (13% vs 20%).
🏢 Corporate Tax: 🇲🇬 Madagascar offers a lower corporate rate (20% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇸🇻 El Salvador taxes investment gains at a lower rate (10% vs 20%), benefiting investors.