| M |
Standard Rate |
Reduced Rate |
Tax System |
Notes |
| Macau |
N/A |
0% |
N/A |
|
| Macedonia |
18% |
5% |
VAT |
|
| Madagascar |
20% |
|
VAT |
|
| Madeira and Azores |
16% |
4% 9% |
VAT |
|
| Malawi |
16.50% |
|
VAT |
|
| Malaysia |
6% 10% |
|
Sales tax |
|
| Maldives |
N/A |
|
N/A |
There is a Tourism Goods and Service Tax (T-GST) with a rate of 3.5% |
| Mali |
18% |
|
VAT |
|
| Malta |
18% |
7% 5% |
VAT |
|
| Marshall Islands |
5% 10% |
|
Sales tax |
|
| Mauritania |
18% |
|
VAT |
Increased from 14% effective 1 January 2010. |
| Mauritius |
15% |
0% |
VAT |
|
| Mexico |
16% |
11% |
VAT |
|
| Micronesia |
3-5%. |
|
Sales tax |
Each region levies own sales tax at rates between 3%-5%. |
| Moldova |
20% |
0% 6% 8% |
VAT |
|
| Monaco |
19.60% |
2.1% 5.5% |
VAT |
Monaco is treated as part of France for VAT purposes. |
| Mongolia |
10% |
|
VAT |
|
| Montenegro |
17% |
0% 7% |
VAT |
|
| Morocco |
20% |
0% 7% 10% 14% |
VAT |
|
| Mozambique |
17% |
0% |
VAT |
|
| Myanmar |
5% 30% |
|
Sales tax |
|
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