Taal Volcano is a large caldera filled by Taal Lake in the Philippines. Located in the province of Batangas about 50 kilometers south of Manila, the volcano is the second most active volcano in the country with 38 recorded historical eruptions, all of which were concentrated on Volcano Island, near the middle of Taal Lake. The caldera was formed by pre…Taal Volcano is a large caldera filled by Taal Lake in the Philippines. Located in the province of Batangas about 50 kilometers south of Manila, the volcano is the second most active volcano in the country with 38 recorded historical eruptions, all of which were concentrated on Volcano Island, near the middle of Taal Lake. The caldera was formed by prehistoric eruptions between 140,000 and 5,380 BP.