HN · AmericasPH · Asia

Honduras vs Philippines: tax rates compared

Philippines has an income tax rate of 35%, 10pp above Honduras's 25%. The 200-country average is 28%: Honduras 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

0102030405060Income25%35%Corporate25%30%VAT12%15%Capital Gains0.6%10%Wealth Tax0%
five shared taxes, side by side
Tax HN PHDifference
Income Tax25%35%PH +10 pplargest gap
Corporate Tax30%25%HN +5 pp
VAT15%12%HN +3 pp
Capital Gains Tax10%0.6%HN +9.4 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Honduras25%Source: PWC Worldwide Tax Summaries — Honduras (Individual, Taxes on personal income) · as of 2026-02-27
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Difference−10 ppPhilippines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Honduras30%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+5 ppHonduras higher

Honduras has a corporate tax rate of 30%, 5pp above Philippines's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Honduras15%Source: PWC Worldwide Tax Summaries — Honduras (Corporate, Other taxes) · as of 2026-02-27
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Difference+3 ppHonduras higher

Honduras has a VAT rate of 15%, 3pp above Philippines's 12%. The 181-country average is 15%: Honduras matches the world average, Philippines sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Honduras10%Source: PWC Worldwide Tax Summaries — Honduras (Individual, Income determination) · as of 2026-02-27
Philippines0.6%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02
Difference+9.4 ppHonduras higher

Honduras 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
Honduras0%Source: Servicio de Administración de Rentas (SAR), Honduras · as of 2026-07-18
Philippines0%Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12
Difference0 ppdisplayed rates match

Honduras 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.