Madagascar Corporate Tax Rate
The Corporate Tax Rate in Madagascar stands at 20 percent. Corporate Tax Rate in Madagascar averaged 22.14 percent from 2007 until 2020, reaching an all time high of 30 percent in 2008 and a record low of 20 percent in 2013. In Madagascar, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Madagascar. This page provides - Madagascar Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.