PH · AsiaSM · Europe

Philippines vs San Marino: tax rates compared

There's no gap here — Philippines and San Marino both post an income tax rate of 35%. The 200-country average is 28%: both sit above it. Philippines's figure is dated 2026-07-02 and San Marino's 2025-12-12, so the two rates come from different data vintages.

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

0102030405060Income35%Corporate17%25%Capital Gains0.6%10%Wealth Tax0%
four shared taxes, side by side
Tax PH SMDifference
Income Tax35%35%match
Corporate Tax25%17%PH +8 pp
Capital Gains Tax0.6%10%SM +9.4 pplargest gap
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Philippines25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
San Marino17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+8 ppPhilippines higher

Between the two, Philippines's corporate tax rate (25%) tops San Marino's (17%) by 8pp. The 201-country average is 22.6%: Philippines sits above it, San Marino sits below it.

Capital Gains Tax

Between the two, San Marino's capital gains tax rate (10%) tops Philippines's (0.6%) by 9.4pp. 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
San Marino0%Source: Repubblica di San Marino, Portale del Governo — IGR: Gestione Imposte dirette, Patrimoniale (official administrative portal) · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Philippines and San Marino 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: VAT, Crypto Tax.