Germany vs Philippines

Corporate income tax is 15%, plus a 5.5% solidarity surcharge on the corporate income tax, resulting in a combined rate of 15.825%. Trade tax applies separately and generally ranges from 8.75% to 20.3% depending on the municipality. According to legislative changes adopted in 2025, the corporation tax rate is planned to decrease to 14% in 2028, 13% in 2029, 12% in 2030, 11% in 2031, and 10% from 2032 onward, with the solidarity surcharge continuing to apply.

25%

July 31st of the year after the tax year (or the last day of February of the second year after the tax year if a professional tax advisor prepares the return).

Quarterly return: Within 60 days from the close of each of the first three quarters. Annual return: On or before the 15th day of the fourth month following the close of the taxable year.

As stated in the assessment notice.

On the 15th day of the fourth month following the close of the taxable year.

Quarterly installment payments are due on the 10th day of March, June, September, and December.

Quarterly instalments paid within 60 days after each quarter.

25/25/0

25/20/25

25/0/15

25/20/25

19

12

Capital gains are subject to the normal corporate tax rate.

If the net capital gain is within P100,000, the applicable tax rate is 5%, and the excess is 10%.

26.59

11.00