CO · Americas ↔ PH · Asia
Colombia vs Philippines: tax rates compared
Colombia has a corporate tax rate of 35%, 10pp above Philippines's 25%. The 201-country average is 22.6%: both sit above it.
Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 35% | 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 | +10 pp | Colombia higherlargest gap on this page |
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Philippines | 0% | Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12 |
| Difference | +1.5 pp | Colombia higher |
Colombia has a wealth tax rate of 1.5%, 1.5pp above Philippines's 0%. The 193-country average is 0.1%: Colombia sits above it, Philippines sits below it.
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.