PH · AsiaRO · Europe

Philippines vs Romania: tax rates compared

Philippines has an income tax rate of 35%, 25pp above Romania's 10%. The 200-country average is 28%: Philippines sits above it, Romania sits below 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

0102030405060Income10%35%Corporate16%25%VAT12%21%Capital Gains0.6%3%Wealth Tax0%
five shared taxes, side by side
Tax PH RODifference
Income Tax35%10%PH +25 pplargest gap
Corporate Tax25%16%PH +9 pp
VAT12%21%RO +9 pp
Capital Gains Tax0.6%3%RO +2.4 pp
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
Romania10%Source: PWC Worldwide Tax Summaries — Romania (Individual, Taxes on personal income) · as of 2026-03-30
Difference+25 ppPhilippines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Philippines25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Romania16%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+9 ppPhilippines higher

Philippines has a corporate tax rate of 25%, 9pp above Romania's 16%. The 201-country average is 22.6%: Philippines sits above it, Romania sits below it.

VAT

VAT, side by side
CountryRateSource
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Romania21%Source: PWC Worldwide Tax Summaries — Romania (Corporate, Significant developments) · as of 2026-03-30
Difference−9 ppRomania higher

Romania has a VAT rate of 21%, 9pp above Philippines's 12%. The 181-country average is 15%: Philippines sits below it, Romania 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
Romania3%Source: PWC Worldwide Tax Summaries — Romania (Individual, Income determination) · as of 2026-03-30
Difference−2.4 ppRomania higher

Romania has a capital gains tax rate of 3%, 2.4pp above Philippines's 0.6%. The 175-country average is 10.3%: both sit below 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
Romania0%Source: PWC Worldwide Tax Summaries — Romania (Individual, Other taxes) · as of 2026-03-30
Difference0 ppdisplayed rates match

Philippines and Romania 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.