Colombia vs Belgium
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇨🇴 Colombia — Departmental & Municipal Taxes
Colombia's 32 departments and 1,102 municipalities levy Industria y Comercio (ICA) — a gross receipts tax on business activity at 0.2%–1.4% of revenues. Municipalities set property tax (predial) rates within national ranges. The SIMPLE tax regime integrates various taxes for small businesses. Bogotá and Medellín have higher ICA rates than smaller cities. Departments levy taxes on alcohol, tobacco, and vehicle registration.
🇧🇪 Belgium — Regional & Municipal Income Taxes
Belgium's 3 regions (Flanders, Wallonia, Brussels) and 589 municipalities each add centimes additionnelles (additional centimes) to federal income tax. Municipal rates range from 0% to 9.5% of federal income tax, averaging ~7%. Flanders, Wallonia, and Brussels have differing property tax (précompte immobilier) rates and housing policy incentives. The withholding tax on investment income (précompte mobilier) is federal at 30%. Belgium has no inheritance tax at federal level — it's regional.
Colombia vs Belgium: Key Tax Differences (2026)
💰 Income Tax: 🇧🇪 Belgium has a higher top income tax rate (0–39% vs 25–45%). 🇨🇴 Colombia is more favourable for high earners.
🛒 VAT/Sales Tax: Belgium has a higher consumption tax (0–19% vs 6–21%).
🏢 Corporate Tax: 🇧🇪 Belgium offers a lower corporate rate (25% vs 35%), which can influence business location decisions.
📈 Capital Gains: 🇨🇴 Colombia taxes investment gains at a lower rate (15% vs 33%), benefiting investors.