DK · EuropePH · Asia
Denmark vs Philippines: tax rates compared
Between the two, Denmark's income tax rate (55.9%) tops Philippines's (35%) by 20.9pp. The 200-country average is 28%: both sit above it. Denmark'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
| Tax | DK | PH | Difference |
|---|---|---|---|
| Income Tax | 55.9% | 35% | DK +20.9 pp |
| Corporate Tax | 22% | 25% | PH +3 pp |
| VAT | 25% | 12% | DK +13 pp |
| Capital Gains Tax | 42% | 0.6% | DK +41.4 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 55.9% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Philippines | 35% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02 |
| Difference | +20.9 pp | Denmark higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 22% | 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 | −3 pp | Philippines higher |
Between the two, Philippines's corporate tax rate (25%) tops Denmark's (22%) by 3pp. The 201-country average is 22.6%: Denmark sits below it, Philippines sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Denmark | 25% | Source: PWC Worldwide Tax Summaries — Denmark (Corporate, Other taxes) · as of 2026-02-25 |
| Philippines | 12% | Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | +13 pp | Denmark higher |
Between the two, Denmark's VAT rate (25%) tops Philippines's (12%) by 13pp. The 181-country average is 15%: Denmark sits above it, Philippines sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 42% | Source: PwC Worldwide Tax Summaries — Denmark, Individual - Taxes on personal income · as of 2026-06-25 |
| Philippines | 0.6% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02 |
| Difference | +41.4 pp | Denmark higher |
Between the two, Denmark's capital gains tax rate (42%) tops Philippines's (0.6%) by 41.4pp. The 175-country average is 10.3%: Denmark sits above it, Philippines sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 0% | Source: PWC Worldwide Tax Summaries — Denmark (Individual, Other taxes) · as of 2026-06-25 |
| Philippines | 0% | Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Denmark and Philippines both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.