Total tax rate for medium sized businesses Philippines 2010-2019

Published by C. Balita, Jun 7, 2024
The total tax rate as a share of profits for medium sized businesses in the Philippines saw no significant changes in 2019 in comparison to the previous year 2018 and remained at around 43.1 percent.
The total tax rate measures the amount of taxes and mandatory contributions payable by businesses, minus allowable deductions and exemptions, as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value-added, sales, or goods and service taxes) are excluded.

Find more key insights for the total tax rate as a share of profits for medium sized businesses in countries like Brunei and Laos.

Total tax rate as a percentage of profits for medium sized businesses in the Philippines from 2010 to 2019

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

May 2024

Region

Asia, Philippines

Survey time period

2010 to 2019

Supplementary notes

According to the source, the total tax and contribution rate measures the amount of taxes and mandatory contributions borne by the business in the second year of operation, expressed as a share of commercial profit. The total amount of taxes and contributions borne is the sum of all the different taxes and contributions payable after accounting for allowable deductions and exemptions. The taxes withheld (such as personal income tax) or collected by the company and remitted to the tax authorities (such as VAT, sales tax or goods and service tax) but not borne by the company are excluded.

The source did not provide a publication date. The release date is the same as the accessed date.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " U.S. government tax revenue "

The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you U.S. government tax revenue

Federal tax

3

Sources of federal tax revenues

8

State and local government tax

8

Tax burden of the population

4

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Taxation in Europe Inflation in EuropeEconomy of EuropeEurope Economic Outlook 2024Labor & skills shortages in Europe
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.
Menu