Philippines tax rates
The top rates a resident individual pays on each kind of income, computed by the Sovereign tax engine from its Philippines tax profile, with a provisional figure from a published summary where the engine has none yet.
Tier 1 — every figure rests on a statute or a tax authority page. Sources last checked 11 November 2026. Figures last changed 10 November 2026. Profile last reviewed 27 May 2026.
Scroll across the table to see all tax rates.
| Salary | Capital gains | Dividends | Interest | Rent | Crypto gains | |
|---|---|---|---|---|---|---|
| Philippines | 35% | 0.6%* | 10% | 20% | 35% | 35%* |
* Provisional — not yet verified by the Sovereign engine. capital gains: from PwC, read 10 November 2026. crypto gains: from PwC, read 10 November 2026. The engine's own figure replaces a provisional one as soon as the Philippines profile carries an accepted source for it.
Each figure is the tax on one more unit of a very large amount of that income, with every layer the engine models: surtaxes and uncapped social contributions included. It is the top marginal rate, not the average rate you pay on all your income.
What is the top income tax rate in the Philippines?
The top rate on a salary is 35%. It is the tax on each extra unit of a very high salary, with surtaxes and uncapped social contributions included. The income tax scale alone reaches 35% above PHP 8,000,000.
How are capital gains taxed in the Philippines?
Provisionally 0.6%: the top rate on a long-term capital gain from a PwC summary read on 10 November 2026. The Sovereign engine has not yet computed this rate, so treat it as a pointer, not a verified figure. Listed shares: 0.6% of the gross selling price, a transaction tax rather than a tax on the gain. The rate does not depend on how long you held the asset.
How are dividends and interest taxed in the Philippines?
The top rate is 10% on dividends and 20% on interest. Rental income is taxed at up to 35%.
How is crypto taxed in the Philippines?
Still unverified: we have not settled how the Philippines classifies a private investor's crypto gain or at what rate, so the engine states no crypto figure. A missing figure is not an exemption. Provisionally 35%: the top rate on a crypto gain from a PwC summary read on 10 November 2026. The Sovereign engine has not yet computed this rate, so treat it as a pointer, not a verified figure. No specific rule; ordinary income at graduated rates up to 35%.
Does the Philippines tax foreign income?
Yes. The Philippines taxes its residents on their worldwide income. A tax treaty or a credit for foreign tax can reduce the tax on income from abroad. Resident-alien calculation: Philippine-source income only. Resident citizens generally have worldwide taxation and are unsupported by this calculator.
Does the Philippines have a wealth tax?
No. The Philippines has no recurring national tax on net wealth in our model. Property taxes and taxes on gifts or inheritances are separate.
Does the Philippines have an exit tax for individuals?
This is not verified yet: we have not checked whether the Philippines taxes unrealised gains when a resident leaves, so this page does not say that it does not.
What special tax regimes does the Philippines have?
Our profiles list 3 regimes: PEZA (Philippine Economic Zone Authority) — information only; not numerically modelled; SIRV (Special Investor Resident Visa) — information only; not numerically modelled; CREATE MORE Enhanced Deductions — information only; not numerically modelled. Each has its own conditions.
When do you become tax resident in the Philippines?
The Philippines day test (Residence depends on residence status, not a fixed day count): no general tax-residence day threshold; over 180 days affects nonresident alien business status. The 181-day line classifies a nonresident alien's business status. It is not a resident-alien test and cannot decide individual tax residence from travel dates alone.
Residence decides whether the Philippines taxes you on these rates. See the Philippines day-count test and count your own days.
Sources
The Philippines profile cites 8 sources for these rules, 7 of them from a government or a statute. A provisional figure in the table names its own source under the table.
- PwC Worldwide Tax Summaries — Philippines net wealth/worth tax · summary, retrieved 2026-11-10
- TRAIN (RA 10963) — NIRC section 24(A)(2)(a), 2023 schedule · official, retrieved 2026-11-11
- BIR RR 21-2025 official digest — individual passive income rates (CMEPA) · official, retrieved 2026-11-11
- SSS Circular 2024-006 — employee table including MPF · official, retrieved 2026-11-03
- PhilHealth Advisory 2025-0002 · official, retrieved 2026-11-03
- PhilHealth 2026 announcement, government report · official, retrieved 2026-11-03
- DBM Circular Letter 2024-2, section 2 · official, retrieved 2026-11-03
- BIR Form 2316 — Part IV-B(A), item 36; NIRC 32(B)(7)(f) · official, retrieved 2026-11-03
The model covers the general rules for a resident individual. It does not cover every deduction, credit, tax treaty or local tax, and rules change after the check date above. Did you find an error? Tell us, with the source.
Compare Philippines with other countries
Top rates do not show what you would pay. Sovereign applies these rules to your own assets, income and debts, and compares the result across 165 countries. Put Philippines side by side with other countries, see every country or try the live demo.
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