Total tax rate for medium sized businesses Philippines 2010-2019

Total tax rate as a percentage of profits for medium sized businesses in the Philippines from 2010 to 2019

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Source

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Release date

February 2024

Region

Asia, Philippines

Survey time period

2010 to 2019

Supplementary notes

According to the source, the total tax and contribution rate measures the amount of taxes and mandatory contributions borne by the business in the second year of operation, expressed as a share of commercial profit. The total amount of taxes and contributions borne is the sum of all the different taxes and contributions payable after accounting for allowable deductions and exemptions. The taxes withheld (such as personal income tax) or collected by the company and remitted to the tax authorities (such as VAT, sales tax or goods and service tax) but not borne by the company are excluded.

The source did not provide a publication date. The release date is the same as the accessed date.

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