MH · OceaniaPH · Asia

Marshall Islands vs Philippines: tax rates compared

Philippines's income tax rate is 23pp higher than Marshall Islands's (35% vs 12%). The 200-country average is 28%: Marshall Islands sits below it, Philippines sits above it. Marshall Islands's figure is dated 2018-05-21 and Philippines's 2026-07-02, so the two rates come from different data vintages.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income12%35%Wealth Tax0%
two shared taxes, side by side
Tax MH PHDifference
Income Tax12%35%PH +23 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Marshall Islands12%Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989, Section 103 (Tax on Wages and Salaries) · as of 2018-05-21
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Difference−23 ppPhilippines higher

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Marshall Islands0%Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989 · 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

Marshall Islands's wealth tax rate is identical to Philippines's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Corporate Tax, VAT, Capital Gains Tax, Crypto Tax.