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Senegal vs Madagascar
Tax Rate Comparison

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

🇸🇳 Senegal
vs
🇲🇬 Madagascar
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
0–40%
Oil revenues changing budget dynamics; rate reform possible
No change
0–20%
20% top; climate adaptation and cyclone resilience priority
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
18%
18% TVA maintained
No change
20%
20% TVA maintained
No change
Corporate Tax Rate
Corporate Tax Rate
30%
30%; Pillar Two for large MNCs in oil sector
No change
20%
20% IBS; mineral royalties growing
No change
Capital Gains Tax
Capital Gains Tax
25%
25% as income
No change
20%
20% as income
No change
Social Security & Payroll
Social Security / Payroll
~24%
IPRES reform; expanding private sector coverage
No change
~19%
CNaPS reform; coverage expanding
No change
State, Regional & Local Taxes

🇸🇳 SenegalRegional & Communal Taxes

Senegal's 14 regions and 557 communes levy the Contribution Foncière des Propriétés Bâties (CFPB — built property tax), contribution of licences (business tax), and local service fees. The Direction Générale des Impôts et Domaines (DGID) administers national taxes. Dakar is the dominant economic hub. Senegal recently became an oil and gas producer (Sangomar field 2024), which is transforming its fiscal landscape. The WAEMU (West African Economic and Monetary Union) coordinates some tax policy across 8 member states.

🇲🇬 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.

⚠️ 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.

Senegal vs Madagascar: Key Tax Differences (2026)

💰 Income Tax: 🇸🇳 Senegal has a higher top income tax rate (0–40% vs 0–20%). 🇲🇬 Madagascar is more favourable for high earners.

🛒 VAT/Sales Tax: Madagascar has a higher consumption tax (18% vs 20%).

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

📈 Capital Gains: 🇲🇬 Madagascar taxes investment gains at a lower rate (20% vs 25%), benefiting investors.

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