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Bank Corporate Income Tax (Local Currency) in Madagascar

Source: IMF
Last Updated: July 24, 2023

Bank corporate income tax reached MGA 87,521 mil in 2020 in Madagascar, according to the National Central Bank. This is 6.34% less than in the previous year.

Historically, bank corporate income tax in Madagascar reached an all time high of MGA 93,449 mil in 2019 and an all time low of MGA 23,902 mil in 2010.

Madagascar has been ranked 13th within the group of 58 countries we follow in terms of bank corporate income tax.

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