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Madagascar: Budget Promulgated with New Tax Rates

(Jan. 13, 2010) On December 31, 2009, Madagascar's 2010 budget was promulgated as Ordinance No. 2009-14. It includes information on direct and indirect taxation rates. The rate for corporate income, personal income, income from movable capital, and capital gains from immovable property is 23%, a reduction from the 24% rate in effect in 2009. Locally […]

International Criminal Court; Madagascar: International Criminal Court Statute Ratified

(Apr. 2, 2008) On March 14, 2008, Madagascar deposited its instrument of ratification of the Rome Statute, the instrument that establishes the International Criminal Court, with that court in The Hague. It will enter into force for the country on June 1, 2008. On that date, there will be 106 nations that participate in the […]