AM · AsiaPH · Asia
Armenia vs Philippines: tax rates compared
Philippines has an income tax rate of 35%, 15pp above Armenia's 20%. The 200-country average is 28%: Armenia sits below it, Philippines sits above it. Armenia's figure is dated 2023-01-01 and Philippines's 2026-07-02, so the two rates come from different data vintages.
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
| Tax | AM | PH | Difference |
|---|---|---|---|
| Income Tax | 20% | 35% | PH +15 pplargest gap |
| Corporate Tax | 18% | 25% | PH +7 pp |
| VAT | 20% | 12% | AM +8 pp |
| Capital Gains Tax | 0% | 0.6% | PH +0.6 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01 |
| Philippines | 35% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02 |
| Difference | −15 pp | Philippines higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Philippines | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −7 pp | Philippines higher |
Philippines has a corporate tax rate of 25%, 7pp above Armenia's 18%. The 201-country average is 22.6%: Armenia sits below it, Philippines sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Philippines | 12% | Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | +8 pp | Armenia higher |
Armenia has a VAT rate of 20%, 8pp above Philippines's 12%. The 181-country average is 15%: Armenia sits above it, Philippines sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01 |
| Philippines | 0.6% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02 |
| Difference | −0.6 pp | Philippines higher |
Philippines has a capital gains tax rate of 0.6%, 0.6pp above Armenia's 0%. The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and Philippines's 2026-07-02, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30 |
| Philippines | 0% | Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12 |
| Difference | 0 pp | displayed rates match |
Armenia and Philippines share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.