Madagascar tax rates
The top rates a resident individual pays on each kind of income, computed by the Sovereign tax engine from its Madagascar tax profile, with a provisional figure from a published summary where the engine has none yet.
Sources incomplete — at least one figure has no accepted source yet. Sources last checked 8 November 2026. Figures last changed 8 November 2026. Profile last reviewed 27 May 2026.
Scroll across the table to see all tax rates.
| Salary | Capital gains | Dividends | Interest | Rent | Crypto gains | |
|---|---|---|---|---|---|---|
| Madagascar | 20%* | 20%† | 10% | 20%† | 20%† | 20% |
* Provisional — not yet verified by the Sovereign engine. salary: from PwC, read 10 November 2026. The engine's own figure replaces a provisional one as soon as the Madagascar profile carries an accepted source for it.
† This figure rests on a PwC tax summary, not on the statute itself. The summary is the only source on file for it.
Reviewer's notes: what is still open on this profile
- Monthly pay, documented qualifying retirement/health deductions, written notification, taxable-base rounding down to 100 Ariary and eligible-dependent tax reductions are required. Annual gross salary alone does not determine IRSA.
Each figure is the tax on one more unit of a very large amount of that income, with every layer the engine models: surtaxes and uncapped social contributions included. It is the top marginal rate, not the average rate you pay on all your income.
What is the top income tax rate in Madagascar?
Provisionally 20%: the top rate on a salary from a PwC summary read on 10 November 2026. The Sovereign engine has not yet computed this rate, so treat it as a pointer, not a verified figure.
How are capital gains taxed in Madagascar?
The top rate on a long-term capital gain is 20%. The rate does not depend on how long you held the asset.
How are dividends and interest taxed in Madagascar?
The top rate is 10% on dividends and 20% on interest.
How is crypto taxed in Madagascar?
Madagascar taxes a gain on crypto assets as a capital gain, at up to 20%.
Does Madagascar tax foreign income?
Yes. Madagascar taxes its residents on their worldwide income. A tax treaty or a credit for foreign tax can reduce the tax on income from abroad.
Does Madagascar have a wealth tax?
No. Madagascar has no recurring national tax on net wealth in our model. Property taxes and taxes on gifts or inheritances are separate.
Does Madagascar have an exit tax for individuals?
No. In our model Madagascar does not tax an individual's unrealised gains when the individual moves abroad.
When do you become tax resident in Madagascar?
The Madagascar day test (183 days of principal stay in 12 months, or main work or economic interests): 183 days in 12 months only when Madagascar is the principal place of stay; work and economic-interest routes also apply. Confirm the legal day count, whether Madagascar was the principal place of stay, main work or the centre of economic interests, and any treaty position. No 2027 rule is established by the cited codes.
Residence decides whether Madagascar taxes you on these rates. See the Madagascar day-count test and count your own days.
Sources
The Madagascar profile cites 5 sources for these rules, 3 of them from a government or a statute. A provisional figure in the table names its own source under the table.
- Code des impôts suivant la Loi de Finances 2025 · official, retrieved 2026-11-03
- Loi n°2025-021 portant Loi de finances pour 2026 · official, retrieved 2026-11-03
- Loi 2025-021, article 01.04.04 (IRCM) · official, retrieved 2026-11-08
- PwC Worldwide Tax Summaries - Madagascar individual taxes · summary, retrieved 2026-05-27
- PwC Madagascar — other-taxes · summary, retrieved 2026-11-08
The model covers the general rules for a resident individual. It does not cover every deduction, credit, tax treaty or local tax, and rules change after the check date above. Did you find an error? Tell us, with the source.
Compare Madagascar with other countries
Top rates do not show what you would pay. Sovereign applies these rules to your own assets, income and debts, and compares the result across 165 countries. Put Madagascar side by side with other countries, see every country or try the live demo.
Other countries in Africa: Mauritius, Malawi, Mozambique, Namibia, Nigeria, Rwanda.