πŸ‡΅πŸ‡­ Philippines

Asia
0 residency programs
Non-citizen taxation
El Nido, Philippines

Countries / Philippines

Known for

Fact Sheet

Continent

Asia

Demonym

Filipino

Calling code

+63

Driving side

Right

Motto

For God, for the people, for nature and for the country (Maka-Diyos, Maka-Tao, Makakalikasan at Makabansa)
Population
100,981,437
Human development index
0.70
Life expectancy
69 years
Unemployment rate
7%
Inflation rate
2.6%
Fertility rate
3.0

Cost of Life

Cost of Living Index
37.63
Rent Index
9.00
Groceries Index
33.46
Restaurant Price Index
20.84
Local Purchasing Power Index
23.48

Taxation overview

Tax system

Non-citizen taxation

Countries with a non-citizen taxation system apply different taxation rules depending on whether you are a citizen resident of that country:

  • if citizen and resident, you pay income tax on your worldwide revenues (similar to residence-based taxation)
  • if non-citizen and resident, you only pay income tax on your local revenues (similar to territorial taxation)

Tax Treaties (6)

Philippines has concluded 6 tax treaties (also called double tax agreements, or DTAs) with other countries to avoid or mitigate double taxation. Such treaties may cover a range of taxes including income taxes, inheritance taxes, value added taxes, or other taxes.
Note: the list below may not be exhaustive.
Project by @SlyBridges

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