PH · AsiaZW · Africa
Philippines vs Zimbabwe: tax rates compared
Zimbabwe's income tax rate is 5pp higher than Philippines's (40% vs 35%). The 200-country average is 28%: both sit above it. Philippines's figure is dated 2026-07-02 and Zimbabwe'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 | ZW | Difference |
|---|---|---|---|
| Income Tax | 35% | 40% | ZW +5 pplargest gap |
| Corporate Tax | 25% | 25.8% | ZW +0.8 pp |
| VAT | 12% | 15.5% | ZW +3.5 pp |
| Capital Gains Tax | 0.6% | 1% | ZW +0.4 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 |
| Zimbabwe | 40% | Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01 |
| Difference | −5 pp | Zimbabwe higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Philippines | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Zimbabwe | 25.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −0.8 pp | Zimbabwe higher |
Zimbabwe's corporate tax rate is 0.8pp higher than Philippines's (25.8% vs 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 |
| Zimbabwe | 15.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01 |
| Difference | −3.5 pp | Zimbabwe higher |
Zimbabwe's VAT rate is 3.5pp higher than Philippines's (15.5% vs 12%). The 181-country average is 15%: Philippines sits below it, Zimbabwe 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 |
| Zimbabwe | 1% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01 |
| Difference | −0.4 pp | Zimbabwe higher |
Zimbabwe's capital gains tax rate is 0.4pp higher than Philippines's (1% vs 0.6%). The 175-country average is 10.3%: both sit below it. Philippines's figure is dated 2026-07-02 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Philippines | 0% | Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12 |
| Zimbabwe | 0% | Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Philippines's wealth tax rate is identical to Zimbabwe's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.