The Sales Tax Rate in Philippines stands at 12 percent. source: Bureau of Internal Revenue

Sales Tax Rate in Philippines averaged 11.88 percent from 2006 until 2021, reaching an all time high of 12 percent in 2007 and a record low of 10 percent in 2006. This page provides - Philippines Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Sales Tax Rate - VAT - values, historical data and charts - was last updated on October of 2021.

Sales Tax Rate in Philippines is expected to reach 12.00 percent by the end of 2021, 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 2022, according to our econometric models.

Ok
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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Philippines Sales Tax Rate - VAT


Philippines Last Unit Reference Previous Highest Lowest
Personal Income Tax Rate 35.00 percent Dec/21 35.00 35.00 32.00
Corporate Tax Rate 30.00 percent Dec/21 30.00 35.00 30.00
Sales Tax Rate 12.00 percent Dec/21 12.00 12.00 10.00
Social Security Rate 12.00 percent Dec/21 11.36 12.00 9.63
Social Security Rate For Companies 8.00 percent Dec/21 7.67 8.00 6.24
Social Security Rate For Employees 4.00 percent Dec/21 3.69 4.00 3.39


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.