LA · AsiaPH · Asia

Laos vs Philippines: tax rates compared

Philippines has an income tax rate of 35%, 10pp above Laos's 25%. The 200-country average is 28%: Laos 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%Corporate20%25%VAT10%12%Capital Gains0.6%2%Wealth Tax0%
five shared taxes, side by side
Tax LA PHDifference
Income Tax25%35%PH +10 pplargest gap
Corporate Tax20%25%PH +5 pp
VAT10%12%PH +2 pp
Capital Gains Tax2%0.6%LA +1.4 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Laos25%Source: PWC Worldwide Tax Summaries — Lao PDR (Individual, Taxes on personal income) · as of 2026-02-06
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
Laos20%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 ppPhilippines higher

Philippines has a corporate tax rate of 25%, 5pp above Laos's 20%. The 201-country average is 22.6%: Laos sits below it, Philippines sits above it.

VAT

VAT, side by side
CountryRateSource
Laos10%Source: PWC Worldwide Tax Summaries — Lao PDR (Corporate, Other taxes) · as of 2026-02-06
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Difference−2 ppPhilippines higher

Philippines has a VAT rate of 12%, 2pp above Laos's 10%. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Laos2%Source: PWC Worldwide Tax Summaries — Lao PDR (Individual, Income determination) · as of 2026-02-06
Philippines0.6%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02
Difference+1.4 ppLaos higher

Laos has a capital gains tax rate of 2%, 1.4pp above Philippines's 0.6%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Laos0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-06
Philippines0%Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12
Difference0 ppdisplayed rates match

Laos 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.