World Library  
Flag as Inappropriate
Email this Article

Taxation in the Philippines

Article Id: WHEBN0031152576
Reproduction Date:

Title: Taxation in the Philippines  
Author: World Heritage Encyclopedia
Language: English
Subject: Economy of the Philippines, Illegal drug trade in the Philippines, Philippines, Outline of the Philippines, Taxation in Indonesia
Publisher: World Heritage Encyclopedia

Taxation in the Philippines

Taxation in the Philippines is controlled by the Bureau of Internal Revenue (Philippines). Taxes in the Philippines range from 5% to 35%[1]


  • individuals[1] ......
  • 45 for every qualified dependent child; number of children not to exceed four.[1]
  • Exceptions for Small and Medium Enterprises with income of less than 100,000 pesos


Cedula is a community tax that is paid annually at the Barangay Hall. It is often rated at 5% of income.

Value Added Taxes (VAT)

In the Philippines, the rate of VAT is at 12%. With some additional VAT:[1]

  • Cockpits and Cabarets: 18%
  • Jai-Jalai and racetracks: 30%

And with some exceptions:[1]

  • Big Businesses: 90%
  • Not VAT-registered businesses: 3-5%

Excise taxes

Alcoholic beverages, tobacco products, jewelry, petroleum products, mining and petroleum taxes, residence taxes, a head tax on immigrants above a certain age and staying beyond a certain period, document stamp taxes, donor (gift) taxes, estate taxes, and capital gains taxes. A document stamp tax is charged on stock certificates, proofs of indebtedness, proofs of ownership, etc., and normally amount to .75% to 1% of the par or face value of the certificate are imposed with excise taxes.[1]


  1. ^ a b c d e f Encyclopedia of Nations "Philippines - Taxation"
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.