PW · OceaniaPH · Asia

Palau vs Philippines: tax rates compared

Philippines's income tax rate is 23pp higher than Palau's (35% vs 12%). The 200-country average is 28%: Palau 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

0102030405060Income12%35%VAT10%12%Capital Gains0%0.6%Wealth Tax0%
four shared taxes, side by side
Tax PW PHDifference
Income Tax12%35%PH +23 pplargest gap
VAT10%12%PH +2 pp
Capital Gains Tax0%0.6%PH +0.6 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Palau12%Source: Government of Palau — Bureau of Revenue and Taxation, Wages and Salary Tax · as of 2026-07-20
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Difference−23 ppPhilippines higher

VAT

VAT, side by side
CountryRateSource
Palau10%Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Difference−2 ppPhilippines higher

Philippines's VAT rate is 2pp higher than Palau's (12% vs 10%). The 181-country average is 15%: both sit below it. Palau's figure is dated 2023-01-01 and Philippines's 2026-01-12, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Palau0%Source: Government of Palau — Ministry of Finance, Bureau of Revenue and Taxation · as of 2026-07-19
Philippines0.6%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02
Difference−0.6 ppPhilippines higher

Philippines's capital gains tax rate is 0.6pp higher than Palau's (0.6% vs 0%). The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Palau0%Source: Palau National Code, Title 40 (Revenue and Taxation) — official text · 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

Palau'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, Crypto Tax.