LES PRINCIPAUX IMPOTS

IMPOTS / TAXES Impt sur les Revenus (IR) Impt annuel sur les bnfices et revenus des personnes physiques ou morales. (Art. 01.01.01 du CGI et suivants) ASSIETTE / BASIS OF ASSESSMENT Revenus raliss par les personnes physiques ou morales non soumises lIRSA dont le chiffre daffaires hors taxe est suprieur ou gal Ar. 20.000.000 ou par celles optant pour le rgime du rel TAUX / RATES

IR : 25% pour la gnralit des entreprises Minimum de perception : . 100.000 Ar + 5/oo CA : Activits agricole, artisanale, minire, htelire, tourisme, industrielle ou de transport (*) . 320.000Ar + 5/oo CA : Autres activits . 1/oo CAHT pour les contribuables vendant des carburants au dtail. Institutions de microfinance mutualistes : affranchissement de lIR et du minimum de perception pendant les cinq premiers exercices compter de leur date de constitution dfinitive et rduction de 50% jusquau 10me exercice Institutions de microfinance non mutualistes : affranchissement de lIR et du minimum de perception pendant les cinq premiers exercices compter de leur date de constitution dfinitive. IR : 10% sur le montant des sommes payes en rmunration des prestations de toute nature matriellement fournies ou effectivement utilises Madagascar Income Tax: 25% for the majority of businesses Minimum levy: 100,000 Ariary + 5 of the turnover: agricultural, handcrafted, mining, hotel, tourism, industrial or transport activities 320,000 Ariary + 5 of the turnover: other activities 1 of the net turnover for tax payers who carryout fuel retail sales activity

Income Tax Annual tax relating to business profits and income of individuals or corporate bodies (Article 01.01.01 of the General Tax Code and the following ones)

Income gained by individuals or corporate bodies not subjected to Tax on Employment Income or Similar Income whose net turnover is superior or equal to 20,000,000 Ariary or by individuals or corporate bodies opting for the actual assessment basis taxation system

Mutual microfinance institutions: Stamping of Income tax and minimum levy during the first five accounting periods starting from the definite date of establishment and 50% reduction until the 10th account period Non-mutual microfinance institutions: Stamping of Income tax and minimum levy during the first five accounting periods starting from the definite date of establishment Income Tax: 10% of the amount of sums paid as payment of any services concretely supplied or truly utilised in Madagascar

Impt Synthtique (IS) (art. 01.02.01 du CGI et svts) Synthetic Tax (Article 01.02.01 of the General Tax Code and the following ones)

Personnes physiques ou morales et entreprises individuelles exerant une activit indpendante et dont leur chiffre daffaires annuel, revenu brut ou gain estim hors taxee st infrieur ou gal 20.000.000 Ar Individuals or corporate bodies carrying out independent activities and whose estimated annual turnover, gross income or net gain is inferior or equal to 20,000,000 Ariary

Taux : 6% Minimum de perception : 16. 000 Ar

Rate : 6% Minimum levy: 16,000 Ariary

Impt sur les Revenus Salariaux et Assimils (IRSA) (art.01.03.02 du CGI et svts)
Tax on Employment Income or Similar Income (Article 01.03.02 of the General Tax Code and the following ones)

Salaires, rmunrations, indemnits diverses, . RI < Ar 100.000 = Ar 200 avantages en nature (vhicule, loyer, domestique, . RI < Ar 140.000 = Ar 500 autres) . RI < Ar 160.000 = Ar 2.000
Salaries, remunerations, miscellaneous indemnities, benefits in kind (car, rent, household staff, others)

. RI < Ar 180.000 = Ar 4.000 . RI >Ar 180.000 = 25%

Impt sur les Revenus des Capitaux Mobiliers (IRCM) (Art.01.04.01 du CGI et svts)

.Intrts, revenus, produits des emprunts . Intrts des bons de caisse . Tantimes, jetons de prsence, frais et autres rmunrations ladministrateur ou aux membres

du conseil dadministration . Lots et primes de remboursement aux cranciers 25% et porteurs dobligations des socits et entreprises . Revenus des crances, dpts, cautionnements . Revenus de placements dans les institutions financires . Intrts des comptes courants crditeurs dactionnaires ou associs
Tax on Income from Assets of Immovable Property (Article 01.04.01 of the General Tax Code and the following ones) Interests, income, corporate bonds; Interests on loan notes; Profit sharing bonus, directors fees, miscellaneous costs and other remuneration to the director or members of the Board of Directors; Redemption premiums to creditors and companies bond holders and businesses; Income from loans, deposits and securities; Income from investments in financial institutions; Credit interests from shareholders or partners current accounts.

Taxe sur la Valeur Ajoute (TVA) (Art.06.01.01 du CGI et svts)

. Toute personne ou organisme dont chiffre 0% pour les oprations dexportation daffaires annuel hors taxe suprieur ou gal 20% taux de droit commun 200.000.000 Ar . Assujettissement sur option : personnes dont chiffre daffaires annuel hors taxe infrieur 200.000.000 Ar avec comptabilit certifie par commissaire aux comptes
Any individuals or organisations whose net annual turnover is superior or equal to 200,000,000 Ariary Optional Taxability: any individuals whose net annual turnover is inferior to 200,000,000 Ariary and whose accounts are certified by an auditor 0% for export operations 20% common law rate

Value-Added Tax (VAT) (Article 06.01.01 of the General Tax Code and the following ones)

Impt sur les plus-values immobilires (IPVI) (Art. 01.05.01 du CGI et svts)
Tax on capital gains from real property (Article 01.05.01 of the General Tax Code and the following ones)

Plus-values ralises par les personnes physiques 25% lors cession titre onreux de biens immobiliers
Realised capital gains by individuals which derive from the transfer of real property

Impt Foncier sur les Terrains (IFT) (art.10.01.01 du CGI et svts)

Tax on lands (Article.10.01.01 of the General Tax Code and the following ones )

Impt sur la valeur estimative du terrain, en Tarif exprim en Fmg/ha (1re cat. 5me cat.) fonction de la culture pratique 1% valeur vnale (6me cat.)
Tax on the lands estimated value according to the crops produced Rate indicated in Ariary/ha (1st to 5th category) 1% of market value (6th category)

Impt Foncier sur la proprit btie (IFPB) (art.10.02.01 du CGI et svts)

Real property tax on developed land (Article 10.02.01 of the General Tax Code and the following ones)

Bas sur la valeur locative (fixe par la Commission dvaluation)

Based on rental value (set by the evaluation Committee)

Taux vot par la Commune Taux maxima : 10% Taux minima : 5% Minimum de perception : Ar 2.000/immeuble
Rate voted by the municipality Maximum rate : 10% Minimum rate : 5% Minimum levy : 2,000 Ar/building

Impt de licence sur les alcools et les produits alcooliques (art. 10.06.01 du CGI et svts)
Tax licence on spirits and alcoholic beverages (Article 10.06.01 of the General Tax Code and the following ones)

D sur la vente des produits alcooliques

Tarif suivant catgorie des licences (2 catgories) : Maxima : 200.000 Ar Minima : 100.000 Ar Etablissements de nuit : majoration de 50% Taux de licence foraine : 5000 Ar/24h
Rate according to the licence category (2 categories) : Maximum: 200,000 Ariary Minimum: 100,000 Ariary Night clubs: 50% increase Licence rate for stallholder: 5000 Ariary/24 hrs

Due from sales of alcoholic beverages

Droit daccises (DA) (art. 03.01.01 du CGI et svts)

Droit peru sur certains produits, fabriqus ou Taux : de 5 326% imports tels que : boissons alcooliques, tabacs, (suivant tableau DA) communication par tlphonie

Indirect taxes and similar charges (excise) (Article 03.01.01 of the General Tax Code and the following ones)

Duties perceived from manufactured or imported products such as alcoholic beverages, tobacco and telephony communication

Rate : from 5 to 326% (according to the excise table)

Prlvement sur les produits des jeux (art. 03.02.10 du CGI et svts)
Levy on gambling revenues (Article 03.02.10 of the General Tax Code and the following ones)

Prlvement libratoire de la TVA effectu sur : . produit des jeux dargents pratiqus dans les 30% cercles, maisons de jeux . toute opration offerte au public faisant natre lesprance dun gain acquis par voie du sort y compris gain de pari mutuel de toute nature, sweep, sweepstake
VAT deduction at source made on: Revenues from gambling taking place in gambling clubs and houses;

Droits denregistrement (Art. 02.01.01 du CGI et svts)

any operation offered to the public raising hope for winnings acquired by laws of fate including winnings from parimutuel of any kind, sweep and sweepstake Droits assis sur lenregistrement de tous les actes entranant le transfert de biens proportionnels la valeur des biens

Immeubles : 6% Bail dure limite : 1% et 2% Cession de parts : 2% Actes de socits : 0,5% sur capital Min. de perception : 10.000 Ar
Building : 6% Fixed-term lease : 1% to 2% Stock transfer: 2% Companies deeds: 0,5% on capital Minimum levy: 10,000 Ariary

Registration duties (Article 02.01.01 of the General Tax Code and the following ones)

Duties assessed from the registration of all deeds that lead to the property transfer in proportion to the property value