Dividend Tax Rate 2024 Philippines In India. The corporate tax rate in the philippines is 25%, with a minimum corporate income tax (mcit) of 2% on gross income. It follows that the final withholding tax rate that should generally be used by the philippine investee corporations when paying dividends to their corporate foreign.

Know the dividend income tax rate, deductions to be avail, submission of form 15g/h, tds and advance tax on dividend income. For the 2024 tax year, the rates are structured based on taxable income levels.