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Denmark vs Philippines Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Denmark55.9%
Philippines35%Lower
Corporate Tax
Denmark22%Lower
Philippines25%
Capital Gains
Denmark42%
Philippines15%Lower
VAT / Sales Tax
Denmark25%
Philippines12%Lower
| Category | Denmark | Philippines |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 55.9% | 35% |
| Corporate Tax | 22% | 25% |
| Capital Gains | 42% | 15% |
| VAT / Sales Tax | 25% | 12% |
| Crypto Tax | Yes | No |
| Wealth Tax | No | No |
| Tax Treaties | 75 | 43 |
| Currency | DKK | PHP |
The bottom line: Denmark vs Philippines
Philippines has the lower headline rate on 3 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Denmark runs a progressive tax system, while Philippines uses a progressive one. On crypto, Philippines is the more favourable — it does not tax cryptocurrency gains. Denmark has the wider tax-treaty network (75 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Philippines is lower (55.9% vs 35%)
- Corporate tax: Denmark is lower (22% vs 25%)
- Capital gains tax: Philippines is lower (42% vs 15%)
- VAT / sales tax: Philippines is lower (25% vs 12%)