PH · AsiaUS · Americas

Philippines vs United States: tax rates compared

Between the two, United States's income tax rate (43.7%) tops Philippines's (35%) by 8.7pp. The 200-country average is 28%: both sit above it. Philippines's figure is dated 2026-07-02 and United States's 2025-01-01, 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%43.7%Corporate25%25.6%Capital Gains0.6%20%Wealth Tax0%
four shared taxes, side by side
Tax PH USDifference
Income Tax35%43.7%US +8.7 pp
Corporate Tax25%25.6%US +0.6 pp
Capital Gains Tax0.6%20%US +19.4 pplargest gap
Wealth Tax0%0%match

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
United States43.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−8.7 ppUnited States higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Philippines25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
United States25.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−0.6 ppUnited States higher

Between the two, United States's corporate tax rate (25.6%) tops Philippines's (25%) by 0.6pp. The 201-country average is 22.6%: both sit above 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
United States20%Source: PWC Worldwide Tax Summaries — United States (Individual, Other taxes) · as of 2025-01-01
Difference−19.4 ppUnited States higher

Between the two, United States's capital gains tax rate (20%) tops Philippines's (0.6%) by 19.4pp. The 175-country average is 10.3%: Philippines sits below it, United States sits above it. Philippines's figure is dated 2026-07-02 and United States's 2025-01-01, so the two rates come from different data vintages.

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
United States0%Source: PWC Worldwide Tax Summaries — United States (Individual, Other taxes) · as of 2026-03-18
Difference0 ppdisplayed rates match

There's no gap here — Philippines and United States 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.