PH · AsiaSK · Europe
Philippines vs Slovakia: tax rates compared
Between the two, Philippines's income tax rate (35%) tops Slovakia's (25%) by 10pp. The 200-country average is 28%: Philippines sits above it, Slovakia sits below it. Philippines's figure is dated 2026-07-02 and Slovakia'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
| Tax | PH | SK | Difference |
|---|---|---|---|
| Income Tax | 35% | 25% | PH +10 pp |
| Corporate Tax | 25% | 24% | PH +1 pp |
| VAT | 12% | 23% | SK +11 pplargest gap |
| Capital Gains Tax | 0.6% | 0% | PH +0.6 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Philippines | 35% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02 |
| Slovakia | 25% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +10 pp | Philippines higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Philippines | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Slovakia | 24% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +1 pp | Philippines higher |
Between the two, Philippines's corporate tax rate (25%) tops Slovakia's (24%) by 1pp. 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 |
| Slovakia | 23% | Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01 |
| Difference | −11 pp | Slovakia higher |
Between the two, Slovakia's VAT rate (23%) tops Philippines's (12%) by 11pp. The 181-country average is 15%: Philippines sits below it, Slovakia sits above it. Philippines's figure is dated 2026-01-12 and Slovakia's 2025-01-01, 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 |
| Slovakia | 0% | Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Income determination) · as of 2026-01-20 |
| Difference | +0.6 pp | Philippines higher |
Between the two, Philippines's capital gains tax rate (0.6%) tops Slovakia's (0%) by 0.6pp. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Philippines | 0% | Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12 |
| Slovakia | 0% | Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Philippines and Slovakia 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: Crypto Tax.