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Madagascar vs Costa Rica
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇲🇬 Madagascar
vs
🇨🇷 Costa Rica
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–20%
20% top; climate adaptation and cyclone resilience priority
No change
0–25%
25% top; fiscal consolidation achieved
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
20%
20% TVA maintained
No change
13%
13% IVA maintained
No change
Corporate Tax Rate
Corporate Tax Rate
20%
20% IBS; mineral royalties growing
No change
30%
30%; Pillar Two for MNCs; tech sector growing
No change
Capital Gains Tax
Capital Gains Tax
20%
20% as income
No change
15%
15% maintained
No change
Social Security & Payroll
Social Security / Payroll
~19%
CNaPS reform; coverage expanding
No change
~41.17%
High contributions; reform proposals for sustainability
No change
State, Regional & Local Taxes

🇲🇬 MadagascarRegion & 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.

🇨🇷 Costa RicaMunicipal Taxes

Costa Rica's 84 cantons (municipalities) levy the impuesto sobre bienes inmuebles (property tax at 0.25% of assessed value), business licences (patente municipal), and construction permits. The Municipalidad de San José and other urban cantons have highest rates. National taxes are administered by the Ministry of Finance (Hacienda). Costa Rica underwent significant fiscal reform in 2018–19 to address a fiscal deficit, converting the sales tax to a comprehensive VAT and modifying income tax.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Madagascar vs Costa Rica: Key Tax Differences (2026)

💰 Income Tax: 🇨🇷 Costa Rica has a higher top income tax rate (0–20% vs 0–25%). 🇲🇬 Madagascar is more favourable for high earners.

🛒 VAT/Sales Tax: Madagascar has a higher consumption tax (20% vs 13%).

🏢 Corporate Tax: 🇲🇬 Madagascar offers a lower corporate rate (20% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇨🇷 Costa Rica taxes investment gains at a lower rate (15% vs 20%), benefiting investors.

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