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Philippines vs Ukraine: tax rates compared
Philippines's income tax rate is 17pp higher than Ukraine's (35% vs 18%). The 200-country average is 28%: Philippines sits above it, Ukraine 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
| Tax | PH | UA | Difference |
|---|---|---|---|
| Income Tax | 35% | 18% | PH +17 pp |
| Corporate Tax | 25% | 18% | PH +7 pp |
| VAT | 12% | 20% | UA +8 pp |
| Capital Gains Tax | 0.6% | 18% | UA +17.4 pplargest gap |
| 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 |
| Ukraine | 18% | Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Taxes on personal income) · as of 2026-06-30 |
| Difference | +17 pp | Philippines higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Philippines | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Ukraine | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +7 pp | Philippines higher |
Philippines's corporate tax rate is 7pp higher than Ukraine's (25% vs 18%). The 201-country average is 22.6%: Philippines sits above it, Ukraine sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Philippines | 12% | Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12 |
| Ukraine | 20% | Source: PWC Worldwide Tax Summaries — Ukraine (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −8 pp | Ukraine higher |
Ukraine's VAT rate is 8pp higher than Philippines's (20% vs 12%). The 181-country average is 15%: Philippines sits below it, Ukraine sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Philippines | 0.6% | Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02 |
| Ukraine | 18% | Source: PWC Worldwide Tax Summaries — Capital gains tax (CGT) rates (quick chart, Ukraine individual row) · as of 2026-06-30 |
| Difference | −17.4 pp | Ukraine higher |
Ukraine's capital gains tax rate is 17.4pp higher than Philippines's (18% vs 0.6%). The 175-country average is 10.3%: Philippines sits below it, Ukraine sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Philippines | 0% | Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12 |
| Ukraine | 0% | Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Other taxes) · as of 2026-06-30 |
| Difference | 0 pp | displayed rates match |
Philippines's wealth tax rate is identical to Ukraine's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.