NO · EuropePH · Asia
Norway vs Philippines: tax rates compared
Norway's income tax rate is 4.7pp higher than Philippines's (39.7% vs 35%). The 200-country average is 28%: both sit above it. Norway'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 | NO | PH | Difference |
|---|---|---|---|
| Income Tax | 39.7% | 35% | NO +4.7 pp |
| Corporate Tax | 22% | 25% | PH +3 pp |
| VAT | 25% | 12% | NO +13 pp |
| Capital Gains Tax | 37.8% | 0.6% | NO +37.2 pplargest gap |
| Wealth Tax | 1.1% | 0% | NO +1.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 39.7% | 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 | +4.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 22% | 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 | −3 pp | Philippines higher |
Philippines's corporate tax rate is 3pp higher than Norway's (25% vs 22%). The 201-country average is 22.6%: Norway sits below it, Philippines sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Philippines | 12% | Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | +13 pp | Norway higher |
Norway's VAT rate is 13pp higher than Philippines's (25% vs 12%). The 181-country average is 15%: Norway sits above it, Philippines sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| Philippines | 0.6% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02 |
| Difference | +37.2 pp | Norway higher |
Norway's capital gains tax rate is 37.2pp higher than Philippines's (37.8% vs 0.6%). The 175-country average is 10.3%: Norway sits above it, Philippines sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Philippines | 0% | Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12 |
| Difference | +1.1 pp | Norway higher |
Norway's wealth tax rate is 1.1pp higher than Philippines's (1.1% vs 0%). The 193-country average is 0.1%: Norway sits above it, Philippines sits below it.
Not covered for both countries yet: Crypto Tax.