South America
Colombia: tax at a glance
Residents are taxed on worldwide income. There is also a recurring equity, or wealth, tax, and a 2026 reform bill proposes higher rates.
Worldwide (residence-based)
Last verified July 2026
Ways to relocate to Colombia
The residency and citizenship routes that lead here, weighed against the tax picture above.
The taxes
- Personal income (top)
- 39%
- Corporate income
- 35%
- Capital gains
- 15% (occasional gains).
- VAT / IVA
- 19%
- Dividends (WHT)
- 20% for non-residents, rising to up to 48% on previously untaxed profits.
- Interest (WHT)
- 15% / 20%
- Royalties (WHT)
- 20%
- Social security (employee)
- 8% (4% health + 4% pension).
- Social security (employer)
- ~20.5%+ (pension 12% + health 8.5% + payroll levies).
- Wealth tax
- An equity tax of 0.5% to 1.5% (up to roughly 3%) applies above ~COP 3.77bn, and the 2026 reform proposes changes.
- Inheritance / estate
- 15% (occasional-gains rate).
- Property tax
- Impuesto predial (municipal), roughly 0.3%–3.3%.
- Other
- GMF financial-transactions tax 0.4% (4x1000).
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- Yes
- CRS
- Participating
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.
Sources (1)
Frequently asked
What is the income tax rate in Colombia?
The top marginal personal income tax rate in Colombia is 39%. Progressive to 39%. A 2026 tax-reform bill proposes higher top rates, though this is still under review.
What is the corporate tax rate in Colombia?
The headline corporate income tax rate is 35%.
Does Colombia tax capital gains?
Capital gains for individuals: 15% (occasional gains)..