Madagascar vs Finland
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.
🇲🇬 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.
🇫🇮 Finland — Municipal Income Tax
Finland's 309 municipalities set their own income tax rates (municipal tax) ranging from ~16.5% to ~22.5%, averaging ~20%. This is added to the national progressive income tax. The church tax of 1%–2.2% applies to members. No regional income tax. The 'solidarity tax' on high earners (2%) applies nationally. Municipalities also levy real estate tax on property owners. The welfare state is heavily funded by these high combined tax rates.
Madagascar vs Finland: Key Tax Differences (2026)
💰 Income Tax: 🇫🇮 Finland has a higher top income tax rate (0–20% vs ~44–51.4%). 🇲🇬 Madagascar is more favourable for high earners.
🛒 VAT/Sales Tax: Finland has a higher consumption tax (20% vs 10–25.5%).
🏢 Corporate Tax: Corporate rates are similar in both countries (20% vs 20%).
📈 Capital Gains: 🇲🇬 Madagascar taxes investment gains at a lower rate (20% vs 34%), benefiting investors.