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 July of 2022.

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.

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Philippines Sales Tax Rate - VAT



Related Last Previous Unit Reference
Corporate Tax Rate 30.00 30.00 percent Dec 2021
Personal Income Tax Rate 35.00 35.00 percent Dec 2021
Sales Tax Rate 12.00 12.00 percent Dec 2021
Social Security Rate 12.00 11.36 percent Dec 2021
Social Security Rate For Companies 8.00 7.67 percent Dec 2021
Social Security Rate For Employees 4.00 3.69 percent Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.00 12.00 10.00 2006 - 2021 percent Yearly