AR · AmericasPH · Asia

Argentina vs Philippines: tax rates compared

There's no gap here — Argentina and Philippines both post an income tax rate of 35%. The 200-country average is 28%: both sit above it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income35%Corporate25%35%VAT12%21%Capital Gains0%0.6%Wealth Tax0%1%
five shared taxes, side by side
Tax AR PHDifference
Income Tax35%35%match
Corporate Tax35%25%AR +10 pplargest gap
VAT21%12%AR +9 pp
Capital Gains Tax0%0.6%PH +0.6 pp
Wealth Tax1%0%AR +1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Argentina35%Source: PWC Worldwide Tax Summaries — Argentina (Individual, Taxes on personal income) · as of 2026-06-16
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Argentina35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Philippines25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppArgentina higher

Between the two, Argentina's corporate tax rate (35%) tops Philippines's (25%) by 10pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Argentina21%Source: PWC Worldwide Tax Summaries — Argentina (Corporate, Other taxes) · as of 2026-06-16
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Difference+9 ppArgentina higher

Between the two, Argentina's VAT rate (21%) tops Philippines's (12%) by 9pp. The 181-country average is 15%: Argentina sits above it, Philippines sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Argentina0%Source: PWC Worldwide Tax Summaries — Argentina (Individual, Income determination) · as of 2026-06-16
Philippines0.6%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02
Difference−0.6 ppPhilippines higher

Between the two, Philippines's capital gains tax rate (0.6%) tops Argentina's (0%) by 0.6pp. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Argentina1%Source: AFIP/ARCA — Impuesto sobre los Bienes Personales, alícuotas · as of 2025-01-01
Philippines0%Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12
Difference+1 ppArgentina higher

Between the two, Argentina's wealth tax rate (1%) tops Philippines's (0%) by 1pp. The 193-country average is 0.1%: Argentina sits above it, Philippines sits below it. Argentina's figure is dated 2025-01-01 and Philippines's 2026-01-12, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.