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Philippines Corporate Tax Rate

Corporate Tax Rate in Philippines

Indicator Data Period
Corporate Tax Rate 25 % 2022


Latest data on Corporate Tax Rate (%)

Corporate Tax Rate
                     Philippines - Historical Data (%)

What is Corporate Tax Rate in Philippines?

  • Corporate Tax Rate in Philippines decreased to 25 % in 2022. 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 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
30 2013 31.12.2013


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 2022 35 % 35
Sales Tax Rate 2022 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 2022 25 % 25
Cambodia 2022 20 % 20
China 2022 25 % 25
Georgia 2022 15 % 15
India 2022 34.94 % 25.17
Israel 2022 23 % 23
Pakistan 2022 29 % 29
South Korea 2022 27.5 % 27.5
Taiwan 2022 20 % 20
Vietnam 2022 20 % 20
Maldives 2022 15 % 15
Armenia 2018 20 % 20
Hong Kong 2022 16.5 % 16.5
Indonesia 2022 22 % 22
Japan 2022 30.62 % 30.62
Kazakhstan 2022 20 % 20
Lebanon 2022 17 % 17
Macau 2022 12 % 12
Malaysia 2022 24 % 24
Philippines 2022 25 % 30
Qatar 2022 10 % 10
Singapore 2022 17 % 17
Sri Lanka 2022 24 % 24
Thailand 2022 20 % 20
Oman 2022 15 % 15
Laos 2022 20 % 20
Azerbaijan 2022 20 % 20
Kuwait 2022 15 % 15
Saudi Arabia 2022 20 % 20
Bahrain 2022 0 % 0
United Arab Emirates 2022 0 % 0
Yemen 2021 20 % 20
Uzbekistan 2022 15 % 7.5
Iraq 2022 15 % 35
Syria 2022 28 % 28
Afghanistan 2022 20 % 20
Brunei 2022 18.5 % 18.5
Mauritius 2022 15 % 15