Corporate Tax Comparison

Norway vs Philippines

Compare Norway and Philippines corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Published — Norway: 2/14/2024 · Philippines: 8/07/2024 · Time of Update — Norway: 9/26/2026 · Philippines: 4/05/2026

Base Country/Region

Compare Country/Region

Compare Corporate Tax

Norway

Philippines

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Published — Norway: 2/14/2024 · Philippines: 8/07/2024 · Time of Update — Norway: 9/26/2026 · Philippines: 4/05/2026

Corporate Income Tax (CIT)

Norway

Philippines

General CIT Rate:

22 (25% of some companies in the financial sector).

General CIT Rate:

25%

CIT Return Due Date:

At the end of May of the next fiscal year (according to the oil tax system, the end of April). Other requirements may apply to specific business sectors, such as hydroelectric power.

CIT Return Due Date:

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.

CIT Payment Due Date:

Tax arrears must be paid within three weeks after the assessment is announced.

CIT Payment Due Date:

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

CIT Estimated Payment Due Date:

February 15 and April 15.

CIT Estimated Payment Due Date:

Quarterly instalments paid within 60 days after each quarter.

Withholding Tax (WHT)

Norway

Philippines

Resident Withholding Tax (Dividend/Interest/Royalty):

25/20/25

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

25/20/25

Value-Added Tax (VAT)

Norway

Philippines

General VAT Rate:

Learn More Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Norway

Philippines

General Capital Gain Tax Rate:

Capital gains are constrained by the normal corporate income tax rate. Gains on shares covered by the participation exemption (skatteloven § 2-38) are tax-free, and losses on them are not deductible.

General Capital Gain Tax Rate:

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

Effective Tax Rate (ETR)

Norway

Philippines

Composite Effective Average Tax Rate:

21.41%

Composite Effective Marginal Tax Rate:

23.11%

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