Madagascar vs Armenia
Tax Rate Comparison
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🇲🇬 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.
🇦🇲 Armenia — Community & Municipal Taxes
Armenia's 930 communities (hamaynkner) levy local taxes including land tax and property tax within frameworks set by the Tax Code. Yerevan, as a metropolis divided into 12 administrative districts, has the highest commercial property values. The State Revenue Committee (SRC) administers all national taxes. Armenia has an EU-associated trade agreement (CEPA) and maintains CIS links with Russia. A flat income tax replaced progressive rates in 2020. Significant diaspora investment affects the fiscal landscape.
Madagascar vs Armenia: Key Tax Differences (2026)
💰 Income Tax: Madagascar and Armenia have similar top income tax rates (0–20% vs 20%).
🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (20% vs 20%).
🏢 Corporate Tax: 🇦🇲 Armenia offers a lower corporate rate (18% vs 20%), which can influence business location decisions.
📈 Capital Gains: 🇦🇲 Armenia taxes investment gains at a lower rate (10% vs 20%), benefiting investors.