LR · AfricaPH · Asia
Liberia vs Philippines: tax rates compared
Between the two, Philippines's income tax rate (35%) tops Liberia's (25%) by 10pp. The 200-country average is 28%: Liberia sits below it, Philippines sits above it.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | LR | PH | Difference |
|---|---|---|---|
| Income Tax | 25% | 35% | PH +10 pp |
| Corporate Tax | 25% | 25% | match |
| Capital Gains Tax | 25% | 0.6% | LR +24.4 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Liberia | 25% | Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Taxes on personal income) · as of 2026-01-14 |
| Philippines | 35% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02 |
| Difference | −10 pp | Philippines higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Liberia | 25% | 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 | 0 pp | displayed rates match |
There's no gap here — Liberia and Philippines both post a corporate tax rate of 25%. The 201-country average is 22.6%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Liberia | 25% | Source: PWC Worldwide Tax Summaries — Republic of Liberia (Individual, Taxes on personal income) · as of 2026-01-14 |
| Philippines | 0.6% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02 |
| Difference | +24.4 pp | Liberia higher |
Between the two, Liberia's capital gains tax rate (25%) tops Philippines's (0.6%) by 24.4pp. The 175-country average is 10.3%: Liberia sits above it, Philippines sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Liberia | 0% | Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Other taxes) · as of 2026-01-14 |
| 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 — Liberia 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: VAT, Crypto Tax.