24 April 2018

Madagascar's minimum wage increase affects social contributions

In Madagascar, the minimum wage is increased annually by Decree. On March 27, the Government of Madagascar adopted the Decree No. 2018 — 260 (the Decree) stating the new minimum wage for employment and seniority by occupational category applicable for 2018. The effectivity date of the new minimum wage cap is March 1 (Art.1 of the Decree).

A Global Tax Alert, attached below, provides additional details.

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Document ID: 2018-0881