OM · AsiaPH · Asia

Oman vs Philippines: tax rates compared

Between the two, Philippines's income tax rate (35%) tops Oman's (0%) by 35pp. The 200-country average is 28%: Oman 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

0102030405060Income0%35%Corporate15%25%VAT5%12%Capital Gains0%0.6%Wealth Tax0%
five shared taxes, side by side
Tax OM PHDifference
Income Tax0%35%PH +35 pplargest gap
Corporate Tax15%25%PH +10 pp
VAT5%12%PH +7 pp
Capital Gains Tax0%0.6%PH +0.6 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Difference−35 ppPhilippines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Oman15%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 Oman's (15%) by 10pp. The 201-country average is 22.6%: Oman sits below it, Philippines sits above it.

VAT

VAT, side by side
CountryRateSource
Oman5%Source: PWC Worldwide Tax Summaries — Oman (Corporate, Other taxes) · as of 2026-07-07
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Difference−7 ppPhilippines higher

Between the two, Philippines's VAT rate (12%) tops Oman's (5%) by 7pp. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Philippines0.6%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02
Difference−0.6 ppPhilippines higher

Between the two, Philippines's capital gains tax rate (0.6%) tops Oman's (0%) by 0.6pp. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Other taxes) · as of 2026-07-07
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 — Oman 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.