PH · AsiaST · Africa
Philippines vs São Tomé and Príncipe: tax rates compared
Philippines has an income tax rate of 35%, 10pp above São Tomé and Príncipe's 25%. The 200-country average is 28%: Philippines sits above it, São Tomé and Príncipe sits below it. Philippines's figure is dated 2026-07-02 and São Tomé and Príncipe's 2009-10-08, 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
| Tax | PH | ST | Difference |
|---|---|---|---|
| Income Tax | 35% | 25% | PH +10 pp |
| Corporate Tax | 25% | 25% | match |
| VAT | 12% | 15% | ST +3 pp |
| Capital Gains Tax | 0.6% | 15% | ST +14.4 pplargest gap |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Philippines | 35% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02 |
| São Tomé and Príncipe | 25% | Source: Diário da República (official gazette), São Tomé e Príncipe — Lei n.º 11/2009, Código do Imposto sobre o Rendimento das Pessoas Singulares (IRS), Art. 66 · as of 2009-10-08 |
| Difference | +10 pp | Philippines higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Philippines | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| São Tomé and Príncipe | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
Philippines and São Tomé and Príncipe share the same corporate tax rate: 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Philippines | 12% | Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12 |
| São Tomé and Príncipe | 15% | Source: Ministério do Planeamento, Finanças e Economia Azul (São Tomé e Príncipe) — Manual do IVA 2023 · as of 2023-06-01 |
| Difference | −3 pp | São Tomé and Príncipe higher |
São Tomé and Príncipe has a VAT rate of 15%, 3pp above Philippines's 12%. The 181-country average is 15%: Philippines sits below it, São Tomé and Príncipe matches the world average. Philippines's figure is dated 2026-01-12 and São Tomé and Príncipe's 2023-06-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Philippines | 0.6% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02 |
| São Tomé and Príncipe | 15% | Source: Diário da República (official gazette), São Tomé e Príncipe — Lei n.º 11/2009, Código do Imposto sobre o Rendimento das Pessoas Singulares (IRS), Articles 27, 69 and 70 · as of 2009-10-08 |
| Difference | −14.4 pp | São Tomé and Príncipe higher |
São Tomé and Príncipe 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, São Tomé and Príncipe sits above it. Philippines's figure is dated 2026-07-02 and São Tomé and Príncipe's 2009-10-08, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax, Wealth Tax.