HU · EuropePH · Asia
Hungary vs Philippines: tax rates compared
Philippines has an income tax rate of 35%, 20pp above Hungary's 15%. The 200-country average is 28%: Hungary sits below it, Philippines sits above it. Hungary'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 | HU | PH | Difference |
|---|---|---|---|
| Income Tax | 15% | 35% | PH +20 pplargest gap |
| Corporate Tax | 9% | 25% | PH +16 pp |
| VAT | 27% | 12% | HU +15 pp |
| Capital Gains Tax | 15% | 0.6% | HU +14.4 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 15% | 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 pp | Philippines higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 9% | 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 | −16 pp | Philippines higher |
Philippines has a corporate tax rate of 25%, 16pp above Hungary's 9%. The 201-country average is 22.6%: Hungary sits below it, Philippines sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Hungary | 27% | Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31 |
| Philippines | 12% | Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | +15 pp | Hungary higher |
Hungary has a VAT rate of 27%, 15pp above Philippines's 12%. The 181-country average is 15%: Hungary sits above it, Philippines sits below it. Hungary's figure is dated 2025-12-31 and Philippines's 2026-01-12, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 15% | Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31 |
| Philippines | 0.6% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02 |
| Difference | +14.4 pp | Hungary higher |
Hungary has a capital gains tax rate of 15%, 14.4pp above Philippines's 0.6%. The 175-country average is 10.3%: Hungary sits above it, Philippines sits below it. Hungary's figure is dated 2025-12-31 and Philippines's 2026-07-02, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 0% | Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31 |
| Philippines | 0% | Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12 |
| Difference | 0 pp | displayed rates match |
Hungary and Philippines share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Hungary's figure is dated 2025-12-31 and Philippines's 2026-01-12, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.