PH · AsiaRU · Europe

Philippines vs Russia: tax rates compared

Philippines has an income tax rate of 35%, 13pp above Russia's 22%. The 200-country average is 28%: Philippines sits above it, Russia 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

0102030405060Income22%35%Corporate25%VAT12%22%Capital Gains0.6%15%Wealth Tax0%
five shared taxes, side by side
Tax PH RUDifference
Income Tax35%22%PH +13 pp
Corporate Tax25%25%match
VAT12%22%RU +10 pp
Capital Gains Tax0.6%15%RU +14.4 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
Russia22%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
Difference+13 ppPhilippines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Philippines25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Russia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Philippines and Russia share the same corporate tax rate: 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
Russia22%Source: Federal Tax Service of Russia (FNS) — VAT rate transition guidance · as of 2026-01-01
Difference−10 ppRussia higher

Russia has a VAT rate of 22%, 10pp above Philippines's 12%. The 181-country average is 15%: Philippines sits below it, Russia 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
Russia15%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
Difference−14.4 ppRussia higher

Russia has a capital gains tax rate of 15%, 14.4pp above Philippines's 0.6%. The 175-country average is 10.3%: Philippines sits below it, Russia 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
Russia0%Source: Tax Code of the Russian Federation, Part Two (official consolidated text via KonsultantPlus legal reference database) · as of 2026-07-18
Difference0 ppdisplayed rates match

Philippines and Russia 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.