Bolivia vs Colombia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π§π΄ Bolivia β Departmental & Municipal Taxes
Bolivia's 9 departments and 339 municipalities have their own tax powers. Municipalities levy the Impuesto a la Propiedad de Bienes Inmuebles (IPBI) on real property and the Impuesto Municipal a las Transferencias (IMT) on property transfers. Departmental governments receive shares of natural resource royalties. The National Tax Service (SIN) administers national taxes. Bolivia has a unique tax system where there is no personal income tax in the traditional sense β instead, the RC-IVA (complementary VAT) effectively taxes income.
π¨π΄ Colombia β Departmental & Municipal Taxes
Colombia's 32 departments and 1,102 municipalities levy Industria y Comercio (ICA) β a gross receipts tax on business activity at 0.2%β1.4% of revenues. Municipalities set property tax (predial) rates within national ranges. The SIMPLE tax regime integrates various taxes for small businesses. BogotΓ‘ and MedellΓn have higher ICA rates than smaller cities. Departments levy taxes on alcohol, tobacco, and vehicle registration.
Bolivia vs Colombia: Key Tax Differences (2026)
π° Income Tax: π¨π΄ Colombia has a higher top income tax rate (13% vs 0β39%). π§π΄ Bolivia is more favourable for high earners.
π VAT/Sales Tax: Colombia has a higher consumption tax (13% vs 0β19%).
π’ Corporate Tax: π§π΄ Bolivia offers a lower corporate rate (25% vs 35%), which can influence business location decisions.
π Capital Gains: π¨π΄ Colombia taxes investment gains at a lower rate (15% vs 25%), benefiting investors.