Capital Gains Tax Rate 2024 Philippines. The capital gains tax rate is 6% and is calculated based on the higher of the gross selling price or the current fair market value. This tax is calculated based on the higher value between the sale price or the fair market value of the asset.

This guide seeks to unravel the complexities surrounding capital gain tax in the philippines, shedding light on rates, affected assets, and key taxpayer. For instance, between 2009 and 2015, the high consumer inflation had offered a tax bonanza to investors.