AI-Assisted Content: Summaries are AI-generated for general reference. Always verify with the official tax authority.
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Asia

Philippines

The Philippines applies progressive personal tax with a high tax-free threshold. CIT was reduced under the CREATE Act.

Personal income tax

0–35%
Top marginal rate / range

Corporate tax

20% / 25%
Standard rate

VAT / Sales tax

12%
Standard indirect tax

At a glance

  • Tax yearCalendar year
  • Filing deadline15 April
Official Tax Authority Bureau of Internal Revenue
Visit official site →
This is a brief, AI-assisted summary intended for general reference only. Tax laws change frequently and vary by individual circumstance. Always verify current rates, rules, and obligations with Philippines's official tax authority (linked above) or a qualified tax professional before making any decision.