Worldwide Tax Summaries

Corporate
	Topic	Page type	Activate/Deactivate
	Other issues	Optional
Individual
	Topic	Page type	Activate/Deactivate
	Sample personal income tax calculation	Optional
	Other issues	Optional

Madagascar

Individual - Significant developments

Last reviewed - 04 February 2020

Change of amount of flat abatement for managing shareholder

For the purpose of CIT calculation, the flat abatement has been increased from MGA 3,000,000 to MGA 4,200,000.

Filing of financial statements online

Any individual taxpayers having revenue of more than MGA 200 millions have to file annual financial statements online.

Taxation of individual professionals operating on education and health

Authorised individuals operating on education and health are subject to CIT ar a rate of 10% with a minimum tax of MGA 100,000 plus 1/1000 of annual turnover.