The Sales Tax Rate in Philippines stands at 12 percent. source: Bureau of Internal Revenue
Sales Tax Rate in Philippines averaged 11.87 percent from 2006 until 2020, 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 April of 2021.
Sales Tax Rate in Philippines is expected to reach 12.00 percent by the end of 2020, 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 2021, according to our econometric models.