The Sales Tax Rate in Philippines stands at 12 percent. Sales Tax Rate in Philippines averaged 11.85 percent from 2006 until 2018, reaching an all time high of 12 percent in 2007 and a record low of 10 percent in 2006.

Sales Tax Rate in Philippines is expected to be 12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Sales Tax Rate - VAT is projected to trend around 12.00 percent in 2020, according to our econometric models.

Philippines Sales Tax Rate - VAT
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Philippines Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 30.00 30.00 35.00 30.00 percent [+]
Personal Income Tax Rate 35.00 32.00 35.00 32.00 percent [+]
Sales Tax Rate 12.00 12.00 12.00 10.00 percent [+]
Social Security Rate 11.36 11.36 11.36 9.63 percent [+]
Social Security Rate For Companies 7.67 7.67 7.67 6.24 percent [+]
Social Security Rate For Employees 3.69 3.69 3.69 3.39 percent [+]


Philippines Sales Tax Rate - VAT

In Philippines, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Philippines. This page provides - Philippines Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Sales Tax Rate - VAT - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.00 12.00 10.00 2006 - 2018 percent Yearly




Country Last Previous
Italy 22.00 Dec/18
Argentina 21.00 Dec/18
Netherlands 21.00 Dec/18
Spain 21.00 Dec/18
Euro Area 20.80 Dec/18
France 20.00 Dec/18
United Kingdom 20.00 Dec/18
Germany 19.00 Dec/18
India 18.00 Dec/18
Russia 18.00 Dec/18
Turkey 18.00 Dec/18
Brazil 17.00 Dec/18
China 17.00 Dec/18
Mexico 16.00 Dec/18
South Africa 15.00 Dec/18
Australia 10.00 Dec/18
Indonesia 10.00 Dec/18
South Korea 10.00 Dec/18
Japan 8.00 Dec/18
Switzerland 7.70 Dec/18
Singapore 7.00 Dec/18
Canada 5.00 Dec/18
Saudi Arabia 5.00 Jan/18
United States 0.00 Dec/18


Related

Latest