Bir Corporate Income Tax Rate 2024. The corporate tax rate in the philippines is 25%, with a minimum corporate income tax (mcit) of 2% on gross income. A lower corporate income tax of 20% is also provided for domestic corporations with net taxable.

There are lower tax rates available for corporations with net taxable income. The corporate tax rate in the philippines is 25%, with a minimum corporate income tax (mcit) of 2% on gross income.