WorldTax Compareโ† All Comparisons

Belize vs Philippines
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ง๐Ÿ‡ฟ Belize
vs
๐Ÿ‡ต๐Ÿ‡ญ Philippines
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0โ€“25%
25% top; fiscal diversification from oil
No change
0โ€“35%
Final TRAIN phase; potential review by Congress
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
12.5%
GST 12.5% maintained
No change
12%
12% standard; no change
No change
Corporate Tax Rate
Corporate Tax Rate
1.75โ€“19%
Business tax system; Pillar Two reform discussions
No change
20โ€“25%
25% large; 20% small; Pillar Two for qualifying MNCs
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
6โ€“15%
6%/15% maintained
No change
Social Security & Payroll
Social Security / Payroll
~8%
SSB reform; social protection expanding
No change
~16%
Universal health coverage push increasing PhilHealth rates
No change
State, Regional & Local Taxes

๐Ÿ‡ง๐Ÿ‡ฟ Belize โ€” Municipal & Town Council Taxes

Belize's 6 districts and municipal/town councils levy property tax, business tax (turnover-based), and trade licences. Belize has a unique business tax system โ€” a turnover-based tax (1.75%โ€“19% of gross revenues by sector) instead of a traditional profit-based corporate income tax. Belize is a former British colony using English common law. It's a tourism-dependent economy with growing offshore financial services and a significant Belizean diaspora. The country has been working to exit grey lists and improve tax transparency.

๐Ÿ‡ต๐Ÿ‡ญ Philippines โ€” Local Government Unit (LGU) Taxes

The Philippines' 82 provinces, 146 cities, and 1,488 municipalities levy business taxes (1%โ€“2% of gross receipts), real property tax, and fees. Cities can levy local business taxes at their own rates within national caps. The local business tax is a major compliance burden for businesses operating across multiple LGUs. The BIR (Bureau of Internal Revenue) administers national taxes. The Create Act (2021) significantly reformed corporate income tax rates.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Belize vs Philippines: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ต๐Ÿ‡ญ Philippines has a higher top income tax rate (0โ€“25% vs 0โ€“35%). ๐Ÿ‡ง๐Ÿ‡ฟ Belize is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Both countries have comparable consumption tax rates (12.5% vs 12%).

๐Ÿข Corporate Tax: ๐Ÿ‡ง๐Ÿ‡ฟ Belize offers a lower corporate rate (19% vs 25%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ง๐Ÿ‡ฟ Belize taxes investment gains at a lower rate (0% vs 15%), benefiting investors.

Related Comparisons

๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡ฆ๐Ÿ‡ฉ AndorraTax comparison๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡ฒ๐Ÿ‡จ MonacoTax comparison๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡ฑ๐Ÿ‡ฎ LiechtensteinTax comparison๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡ธ๐Ÿ‡ฒ San MarinoTax comparison๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡ง๐Ÿ‡ง BarbadosTax comparison๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡น๐Ÿ‡น Trinidad and TobagoTax comparison๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡ง๐Ÿ‡ธ BahamasTax comparison๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡ฆ๐Ÿ‡ฑ AlbaniaTax comparison๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡ฆ๐Ÿ‡ด AngolaTax comparison๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡ฆ๐Ÿ‡ท ArgentinaTax comparison๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡ฆ๐Ÿ‡ฒ ArmeniaTax comparison๐Ÿ‡ง๐Ÿ‡ฟ Belize vs ๐Ÿ‡ฆ๐Ÿ‡บ AustraliaTax comparison