BE · EuropePH · Asia

Belgium vs Philippines: tax rates compared

Belgium has an income tax rate of 52.7%, 17.7pp above Philippines's 35%. The 200-country average is 28%: both sit above it. Belgium's figure is dated 2025-01-01 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

0102030405060Income35%52.7%Corporate25%VAT12%21%Capital Gains0.6%10%Wealth Tax0%
five shared taxes, side by side
Tax BE PHDifference
Income Tax52.7%35%BE +17.7 pplargest gap
Corporate Tax25%25%match
VAT21%12%BE +9 pp
Capital Gains Tax10%0.6%BE +9.4 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belgium52.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Difference+17.7 ppBelgium higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belgium25%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
Difference0 ppdisplayed rates match

Belgium and Philippines share the same corporate tax rate: 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Belgium21%Source: PWC Worldwide Tax Summaries — Belgium (Corporate, Other taxes) · as of 2026-02-13
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Difference+9 ppBelgium higher

Belgium has a VAT rate of 21%, 9pp above Philippines's 12%. The 181-country average is 15%: Belgium sits above it, Philippines sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Belgium10%Source: KPMG TaxNewsFlash — Belgium: New capital gains tax approved by Parliament · as of 2026-01-01
Philippines0.6%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02
Difference+9.4 ppBelgium higher

Belgium has a capital gains tax rate of 10%, 9.4pp above Philippines's 0.6%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belgium0%Source: PWC Worldwide Tax Summaries — Belgium (Individual, Other taxes) · as of 2026-02-13
Philippines0%Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12
Difference0 ppdisplayed rates match

Belgium 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.