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Philippines Corporate Tax Rate

Corporate Tax Rate in Philippines

Indicator Data Period
Corporate Tax Rate 30 % 2021


Latest data on Corporate Tax Rate (%)

Corporate Tax Rate
                     Philippines - Historical Data (%)

What is Corporate Tax Rate in Philippines?

  • Corporate Tax Rate in Philippines remained unchanged at 30 % in 2021. The maximum rate was 35 % and minimum was 30 %.
  • Data published Yearly by Bureau of Internal Revenue.

Historical Data (%) by years

Data
Period
Date
30 2021 01.06.2021
30 2020 12.02.2020
30 2018 10.02.2018
30 2016 11.08.2017
30 2015 31.12.2015
30 2014 31.12.2014
30 2013 31.12.2013
30 2012 31.12.2012


Historical Chart by presidents (%)

Corporate Tax Rate in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 30.0000 30.0000 30.0000 30.0000 0.00%
Benigno Aquino 30.06.2010 - 30.06.2016 30.0000 30.0000 30.0000 30.0000 0.00%
Gloria Macapagal 20.01.2001 - 30.06.2010 32.0000 30.0000 35.0000 30.0000 -6.25%
Joseph Ejercito Estrada 30.06.1998 - 20.01.2001 34.0000 32.0000 34.0000 32.0000 -5.88%
Fidel V. Ramos 30.06.1992 - 30.06.1998 35.0000 35.0000 35.0000 35.0000 0.00%

Other taxes in Philippines

Index Updated Actual Previous
Corporate Tax Rate 2021 30 % 30
Sales Tax Rate 2021 12 % 12
Social Security Rate 2020 11.36 % 11.36

Corporate Tax Rate in other countries

Country Updated Actual Previous
Bangladesh 2021 32.5 % 25
Jordan 2018 20 % 20
Mongolia 2021 25 % 25
Cambodia 2021 20 % 20
China 2021 25 % 25
Georgia 2021 15 % 15
India 2021 25.17 % 25.17
Israel 2021 23 % 23
Pakistan 2021 29 % 35
South Korea 2021 25 % 25
Taiwan 2021 20 % 20
Vietnam 2021 20 % 20
Maldives 2021 15 % 15
Armenia 2018 20 % 20
Hong Kong 2021 16.5 % 16.5
Indonesia 2021 22 % 25
Japan 2021 30.62 % 30.62
Kazakhstan 2021 20 % 20
Lebanon 2021 17 % 17
Macau 2021 12 % 12
Malaysia 2021 24 % 24
Philippines 2021 30 % 30
Qatar 2021 10 % 10
Singapore 2021 17 % 17
Sri Lanka 2021 24 % 28
Thailand 2021 20 % 20
Oman 2021 15 % 15
Laos 2021 20 % 24
Azerbaijan 2021 20 % 20
Kuwait 2021 15 % 15
Saudi Arabia 2021 20 % 20
Bahrain 2021 0 % 0
United Arab Emirates 2021 0 % 0
Yemen 2021 20 % 20
Uzbekistan 2021 7.5 % 7.5
Iraq 2021 35 % 15
Syria 2021 28 % 28
Afghanistan 2021 20 % 20
Brunei 2021 18.5 % 18.5
Mauritius 2021 15 % 15