ME · EuropePH · Asia

Montenegro vs Philippines: tax rates compared

Between the two, Philippines's income tax rate (35%) tops Montenegro's (15%) by 20pp. The 200-country average is 28%: Montenegro 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

0102030405060Income15%35%Corporate15%25%VAT12%21%Capital Gains0.6%15%Wealth Tax0%
five shared taxes, side by side
Tax ME PHDifference
Income Tax15%35%PH +20 pplargest gap
Corporate Tax15%25%PH +10 pp
VAT21%12%ME +9 pp
Capital Gains Tax15%0.6%ME +14.4 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Montenegro15%Source: PWC Worldwide Tax Summaries — Montenegro (Individual, Taxes on personal income) · as of 2026-03-27
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Difference−20 ppPhilippines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Montenegro15%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−10 ppPhilippines higher

Between the two, Philippines's corporate tax rate (25%) tops Montenegro's (15%) by 10pp. The 201-country average is 22.6%: Montenegro sits below it, Philippines sits above it.

VAT

VAT, side by side
CountryRateSource
Montenegro21%Source: PWC Worldwide Tax Summaries — Montenegro (Corporate, Other taxes) · as of 2026-03-27
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Difference+9 ppMontenegro higher

Between the two, Montenegro's VAT rate (21%) tops Philippines's (12%) by 9pp. The 181-country average is 15%: Montenegro sits above it, Philippines sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Montenegro15%Source: PwC Worldwide Tax Summaries — Montenegro (Individual, Income determination) · as of 2026-03-27
Philippines0.6%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02
Difference+14.4 ppMontenegro higher

Between the two, Montenegro's capital gains tax rate (15%) tops Philippines's (0.6%) by 14.4pp. The 175-country average is 10.3%: Montenegro sits above it, Philippines sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Montenegro0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-27
Philippines0%Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12
Difference0 ppdisplayed rates match

There's no gap here — Montenegro 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: Crypto Tax.