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Malaysia vs Philippines Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Malaysia30%Lower
Philippines35%
Corporate Tax
Malaysia24%Lower
Philippines25%
Capital Gains
Malaysia10%Lower
Philippines15%
VAT / Sales Tax
Malaysia8%Lower
Philippines12%
| Category | Malaysia | Philippines |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 30% | 35% |
| Corporate Tax | 24% | 25% |
| Capital Gains | 10% | 15% |
| VAT / Sales Tax | 8% | 12% |
| Crypto Tax | No | No |
| Wealth Tax | No | No |
| Tax Treaties | 75 | 43 |
| Currency | MYR | PHP |
The bottom line: Malaysia vs Philippines
Malaysia has the lower headline rate on 4 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Malaysia runs a progressive tax system, while Philippines uses a progressive one. Malaysia has the wider tax-treaty network (75 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Malaysia is lower (30% vs 35%)
- Corporate tax: Malaysia is lower (24% vs 25%)
- Capital gains tax: Malaysia is lower (10% vs 15%)
- VAT / sales tax: Malaysia is lower (8% vs 12%)