Philippines Corporate Income Tax (regular rate)
Philippines Corporate Income Tax (regular rate) is 25 percent, in force since 1 Jul 2020. It was 30 percent before that. Last checked against the official source on 20 Jul 2026.
Regular corporate income tax (RCIT) on net taxable income of domestic and resident foreign corporations, NIRC Sec. 27(A)/28(A).
| Current value | 25 percent |
|---|---|
| In force from | 2020-07-01 |
| Official source | NIRC Sec. 27(A) as amended by RA 11534 (CREATE, 26 Mar 2021) and RA 12066 (CREATE MORE, signed 8 Nov 2024) |
| Last verified | 2026-07-20 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Standard RCIT 25%, retroactive to 1 Jul 2020 under CREATE (RA 11534). Reduced 20% RCIT for domestic corporations with net taxable income not exceeding P5m AND total assets not exceeding P100m (excluding the land where the office, plant and equipment sit). CREATE MORE (RA 12066) adds a 20% RCIT on taxable income from registered projects/activities of Registered Business Enterprises (RBEs) that elect the Enhanced Deductions Regime (Secs. 27(A) and 28(A)(1) as amended); RBEs may alternatively be under the 5% Special Corporate Income Tax after their income-tax holiday. Minimum corporate income tax (MCIT) 2% of gross income (temporarily 1% from Jul 2020 to Jun 2023 under CREATE relief) applies from the 4th taxable year where it exceeds RCIT. Verified from the RA 12066 statute text on LawPhil; BIR's site is a JS shell unusable for automated verification.
Earlier values
| From | Value | Source |
|---|---|---|
| 2009-01-01 | 30 | — |
Get it programmatically
curl https://asiaref.dev/v1/ph/corporate-tax
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://asiaref.dev/v1/ph/corporate-tax/history?from=2020-01-01
# Provenance: curl https://asiaref.dev/provenance/ph/corporate-taxOther Philippines series: BSP Target Reverse Repurchase (RRP) Rate · Value-Added Tax (standard rate) · VAT registration threshold · Minimum Wage (lowest regional non-agriculture daily floor) · Public Holidays 2026 · Consumer Price Inflation (headline, y/y) · Withholding tax rates · Legal interest rate · Personal Income Tax (graduated schedule) · Statutory social-insurance contributions
The same figure elsewhere: Qatar · Saudi Arabia · Singapore · South Korea · Sri Lanka · all 28