BR · AmericasPH · Asia

Brazil vs Philippines: tax rates compared

Philippines has an income tax rate of 35%, 7.5pp above Brazil's 27.5%. The 200-country average is 28%: Brazil sits below it, Philippines sits above it. Brazil's figure is dated 2025-05-02 and Philippines's 2026-07-02, so the two rates come from different data vintages.

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

At a glance

0102030405060Income27.5%35%Corporate25%34%Capital Gains0.6%15%Wealth Tax0%
four shared taxes, side by side
Tax BR PHDifference
Income Tax27.5%35%PH +7.5 pp
Corporate Tax34%25%BR +9 pp
Capital Gains Tax15%0.6%BR +14.4 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Brazil27.5%Source: PWC Worldwide Tax Summaries — Brazil (Individual, Taxes on personal income) · as of 2025-05-02
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Difference−7.5 ppPhilippines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Brazil34%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+9 ppBrazil higher

Brazil has a corporate tax rate of 34%, 9pp above Philippines's 25%. The 201-country average is 22.6%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Brazil15%Source: PWC Worldwide Tax Summaries — Brazil (Individual, Other taxes) · as of 2025-05-02
Philippines0.6%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02
Difference+14.4 ppBrazil higher

Brazil has a capital gains tax rate of 15%, 14.4pp above Philippines's 0.6%. The 175-country average is 10.3%: Brazil sits above it, Philippines sits below it. Brazil's figure is dated 2025-05-02 and Philippines's 2026-07-02, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Brazil0%Source: PWC Worldwide Tax Summaries — Brazil (Individual, Other taxes) · as of 2025-05-02
Philippines0%Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12
Difference0 ppdisplayed rates match

Brazil and Philippines share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Brazil's figure is dated 2025-05-02 and Philippines's 2026-01-12, so the two rates come from different data vintages.

Not covered for both countries yet: VAT, Crypto Tax.