Philippines Corporate Tax Rate
Corporate Tax Rate in Philippines
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 25 % | 2023 |
Latest data on Corporate Tax Rate (%)
What is Corporate Tax Rate in Philippines?
- Corporate Tax Rate in Philippines remained unchanged at 25 % in 2023. The maximum rate was 35 % and minimum was 30 %.
- Data published Yearly by Bureau of Internal Revenue.
Historical Data (%) by years
Data
Period
Date
| 25 | 2023 | 04.04.2023 |
| 25 | 2022 | 25.10.2022 |
| 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 |
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 |
| Personal Income Tax Rate | 2023 | 35 % | 35 |
| Sales Tax Rate | 2023 | 12 % | 12 |
| Social Security Rate | 2022 | 12 % | 12 |
Corporate Tax Rate in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2022 | 30 % | 32.5 |
| Jordan | 2018 | 20 % | 20 |
| Mongolia | 2023 | 25 % | 25 |
| Cambodia | 2023 | 20 % | 20 |
| China | 2022 | 25 % | 25 |
| Georgia | 2023 | 15 % | 15 |
| India | 2022 | 34.94 % | 25.17 |
| Israel | 2023 | 23 % | 23 |
| Pakistan | 2023 | 29 % | 29 |
| South Korea | 2023 | 27.5 % | 27.5 |
| Taiwan | 2023 | 20 % | 20 |
| Vietnam | 2023 | 20 % | 20 |
| Maldives | 2023 | 15 % | 15 |
| Armenia | 2018 | 20 % | 20 |
| Hong Kong | 2023 | 16.5 % | 16.5 |
| Indonesia | 2023 | 22 % | 22 |
| Japan | 2022 | 30.62 % | 30.62 |
| Kazakhstan | 2023 | 20 % | 20 |
| Lebanon | 2023 | 17 % | 17 |
| Macau | 2023 | 12 % | 12 |
| Malaysia | 2023 | 24 % | 24 |
| Philippines | 2023 | 25 % | 25 |
| Qatar | 2023 | 10 % | 10 |
| Singapore | 2023 | 17 % | 17 |
| Sri Lanka | 2023 | 24 % | 24 |
| Thailand | 2023 | 20 % | 20 |
| Oman | 2023 | 15 % | 15 |
| Laos | 2023 | 20 % | 20 |
| Azerbaijan | 2022 | 20 % | 20 |
| Kuwait | 2023 | 15 % | 15 |
| Saudi Arabia | 2023 | 20 % | 20 |
| Bahrain | 2023 | 0 % | 0 |
| United Arab Emirates | 2023 | 9 % | 0 |
| Yemen | 2021 | 20 % | 20 |
| Uzbekistan | 2023 | 15 % | 15 |
| Iraq | 2023 | 15 % | 15 |
| Syria | 2023 | 28 % | 28 |
| Afghanistan | 2022 | 20 % | 20 |
| Brunei | 2022 | 18.5 % | 18.5 |
| Mauritius | 2023 | 15 % | 15 |
