BG · EuropePH · Asia

Bulgaria vs Philippines: tax rates compared

Philippines's income tax rate is 25pp higher than Bulgaria's (35% vs 10%). The 200-country average is 28%: Bulgaria sits below it, Philippines sits 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

0102030405060Income10%35%Corporate10%25%VAT12%20%Capital Gains0%0.6%Wealth Tax0%
five shared taxes, side by side
Tax BG PHDifference
Income Tax10%35%PH +25 pplargest gap
Corporate Tax10%25%PH +15 pp
VAT20%12%BG +8 pp
Capital Gains Tax0%0.6%PH +0.6 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bulgaria10%Source: PWC Worldwide Tax Summaries — Bulgaria (Individual, Taxes on personal income) · as of 2026-01-30
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Difference−25 ppPhilippines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bulgaria10%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−15 ppPhilippines higher

Philippines's corporate tax rate is 15pp higher than Bulgaria's (25% vs 10%). The 201-country average is 22.6%: Bulgaria sits below it, Philippines sits above it.

VAT

VAT, side by side
CountryRateSource
Bulgaria20%Source: PWC Worldwide Tax Summaries — Bulgaria (Corporate, Other taxes) · as of 2026-01-30
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Difference+8 ppBulgaria higher

Bulgaria's VAT rate is 8pp higher than Philippines's (20% vs 12%). The 181-country average is 15%: Bulgaria sits above it, Philippines sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Bulgaria0%Source: PWC Worldwide Tax Summaries — Bulgaria (Individual, Income determination) · as of 2026-01-30
Philippines0.6%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02
Difference−0.6 ppPhilippines higher

Philippines's capital gains tax rate is 0.6pp higher than Bulgaria's (0.6% vs 0%). The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bulgaria0%Source: PWC Worldwide Tax Summaries — Bulgaria (Net wealth/worth tax rates) · as of 2026-01-30
Philippines0%Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12
Difference0 ppdisplayed rates match

Bulgaria's wealth tax rate is identical to Philippines's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.