PH · AsiaPT · Europe

Philippines vs Portugal: tax rates compared

Portugal has an income tax rate of 53%, 18pp above Philippines's 35%. The 200-country average is 28%: both sit above it. Philippines's figure is dated 2026-07-02 and Portugal's 2025-01-01, 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

0102030405060Income35%53%Corporate25%30.5%VAT12%23%Capital Gains0.6%28%Wealth Tax0%
five shared taxes, side by side
Tax PH PTDifference
Income Tax35%53%PT +18 pp
Corporate Tax25%30.5%PT +5.5 pp
VAT12%23%PT +11 pp
Capital Gains Tax0.6%28%PT +27.4 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Portugal53%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−18 ppPortugal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Philippines25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Portugal30.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5.5 ppPortugal higher

Portugal has a corporate tax rate of 30.5%, 5.5pp above Philippines's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Portugal23%Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24
Difference−11 ppPortugal higher

Portugal has a VAT rate of 23%, 11pp above Philippines's 12%. The 181-country average is 15%: Philippines sits below it, Portugal sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Philippines0.6%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02
Portugal28%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Income determination) · as of 2026-07-24
Difference−27.4 ppPortugal higher

Portugal has a capital gains tax rate of 28%, 27.4pp above Philippines's 0.6%. The 175-country average is 10.3%: Philippines sits below it, Portugal sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Philippines0%Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12
Portugal0%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05
Difference0 ppdisplayed rates match

Philippines and Portugal share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.