PH · AsiaCH · Europe

Philippines vs Switzerland: tax rates compared

Between the two, Switzerland's income tax rate (41.4%) tops Philippines's (35%) by 6.4pp. The 200-country average is 28%: both sit above it. Philippines's figure is dated 2026-07-02 and Switzerland'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

0102030405060Income35%41.4%Corporate19.6%25%VAT8.1%12%Capital Gains0%0.6%Wealth Tax0%0.9%
five shared taxes, side by side
Tax PH CHDifference
Income Tax35%41.4%CH +6.4 pplargest gap
Corporate Tax25%19.6%PH +5.4 pp
VAT12%8.1%PH +3.9 pp
Capital Gains Tax0.6%0%PH +0.6 pp
Wealth Tax0%0.9%CH +0.9 pp

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
Switzerland41.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−6.4 ppSwitzerland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Philippines25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Switzerland19.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5.4 ppPhilippines higher

Between the two, Philippines's corporate tax rate (25%) tops Switzerland's (19.6%) by 5.4pp. The 201-country average is 22.6%: Philippines sits above it, Switzerland sits below it.

VAT

VAT, side by side
CountryRateSource
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Switzerland8.1%Source: PWC Worldwide Tax Summaries — Switzerland (Corporate, Other taxes) · as of 2026-07-01
Difference+3.9 ppPhilippines higher

Between the two, Philippines's VAT rate (12%) tops Switzerland's (8.1%) by 3.9pp. The 181-country average is 15%: both sit below 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
Switzerland0%Source: PWC Worldwide Tax Summaries — Switzerland (Individual, Income determination) · as of 2026-07-01
Difference+0.6 ppPhilippines higher

Between the two, Philippines's capital gains tax rate (0.6%) tops Switzerland's (0%) by 0.6pp. 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
Switzerland0.9%Source: République et Canton de Genève, Administration fiscale cantonale — Barèmes 2025 pour les impôts sur le revenu et la fortune · as of 2025-01-01
Difference−0.9 ppSwitzerland higher

Between the two, Switzerland's wealth tax rate (0.9%) tops Philippines's (0%) by 0.9pp. The 193-country average is 0.1%: Philippines sits below it, Switzerland sits above it. Philippines's figure is dated 2026-01-12 and Switzerland's 2025-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.