BUDGET EXECUTION – VAT and IRSA Account for More Than Half of Madagascar’s Domestic Tax Revenue
Value Added Tax (VAT) and the Tax on Salaries and Related Income (IRSA) accounted for more than half of Madagascar’s domestic tax revenue collected during the first quarter of 2026. According to the latest budget execution report, the two major tax sources generated a combined 681.9 billion ariary, representing 52.54% of all domestic tax revenue […]
