List of Taxes Paid from Birth to Death in the Philippines
BIRTH & EARLY CHILDHOOD
• Documentary Stamp Tax (DST)
on Birth Certificate – ₱30
• Local Civil Registrar Fees – ₱50 to ₱200
• VAT (12%) on baby milk, diapers, clothes, toys, medicine
• VAT (12%) on digital services (YouTube Premium, Netflix, etc.)
TEENAGE YEARS
• VAT (12%) on food, gadgets, clothes,
and school supplies
• DST on prepaid load – ₱0.40 per ₱100
• VAT (12%) on mobile load, internet, games, and subscriptions
ADULTHOOD – EMPLOYMENT & SPENDING
• Income Tax – Graduated rates from 0% to 35%
• Mandatory Contributions – SSS, PhilHealth, Pag-IBIG (approx. 3–11% combined)
• VAT (12%) on food, utilities,
appliances, personal items
• Excise Tax on fuel – ₱6–₱10 per liter
(gas, diesel)
• VAT (12%) on ride-hailing apps,
toll fees, logistics
• VAT (12%) on electricity and water (depending on provider)
BUSINESS OR FREELANCE TAXES
• BIR Annual Registration Fee – ₱500
• Percentage Tax – 3% (if not VAT-registered)
• VAT – 12% (if VAT-registered)
• Income Tax – Paid quarterly and annually
• DST on receipts/invoices
• Printing of Official Receipts – ₱1,000 to ₱5,000+
FAMILY & PROPERTY LIFE
• VAT (12%) on property purchase (if developer-sold and above ₱3.2M)
• Capital Gains Tax – 6% on property sale
• Documentary Stamp Tax – 1.5% on property and loan documents
• Transfer Tax – 0.5% to 0.75% on property value
• Real Property Tax – 1% to 2% annually based on LGU
• Registration Fees for title transfer – approx. 0.25%
• VAT (12%) and Excise Tax (4%–50%) on brand-new car purchases
• LTO Registration, Insurance, Emission Testing Fees
BANKING & INVESTMENTS
• Withholding Tax on Bank Interest – 20%
• Capital Gains Tax on sale of non-listed stocks – 15%
• Stock Transaction Tax on listed stocks – 0.6%
• DST on loan documents and life insurance policies
• Insurance Premium Tax – usually 2%
SENIOR YEARS
• VAT-Exempt on select medicine, services, and necessities for senior citizens
• Still subject to Real Property Tax, DST, Capital Gains Tax, etc.
DEATH & ESTATE
• Estate Tax – 6% of net estate (after deductions)
• Documentary Stamp Tax – 1.5% on inheritance/property documents
• Transfer Tax – 0.5% to 0.75% on asset transfer
• Notarial and court fees for estate settlement
Bat mahirap pa din ang Pilipinas 🤣
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