Philippines Corporate Tax Calculator 2026
Compute corporate income tax (CIT) under the CREATE law. Standard rate 25%, SME rate 20%, with optional MCIT 1% payable as the higher of CIT or MCIT.
How is corporate tax calculated?
Under the CREATE Act, the regular CIT rate is 25% (30% under old law). SMEs (≤₱5M revenue, ≤₱100M assets) enjoy a 20% rate. The Minimum Corporate Income Tax (MCIT) is 1% of gross income and applies when it exceeds the computed CIT. Tax due = higher of CIT or MCIT.
Philippines Corporate Tax Calculator 2026
Calculate corporate income tax in the Philippines 2026. CIT 25%, SME 20%, MCIT 1%, CREATE regime, stacked bar chart.
Gross Income₱5,000,000
CIT (25%)₱1,250,000
MCIT (1%)₱50,000
Tax Due (CIT)₱1,250,000
Net Income After Tax₱3,750,000