Colombia vs Canada
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.
🇨🇦 Canada — Provincial Income & Sales Taxes
Canada's 10 provinces each levy their own income tax (4%–25.75% top). Combined federal+provincial top rates exceed 50% in Quebec, Nova Scotia, and Ontario. Quebec has its own QPP and QST (9.975%). Alberta has no provincial sales tax. HST replaces GST+PST in Atlantic provinces and Ontario. Property taxes are municipal.
Colombia vs Canada: Key Tax Differences (2026)
💰 Income Tax: 🇨🇴 Colombia has a higher top income tax rate (0–39% vs 15–33%). 🇨🇦 Canada is more favourable for high earners.
🛒 VAT/Sales Tax: Colombia has a higher consumption tax (0–19% vs 5–15%).
🏢 Corporate Tax: 🇨🇦 Canada offers a lower corporate rate (15% vs 35%), which can influence business location decisions.
📈 Capital Gains: 🇨🇴 Colombia taxes investment gains at a lower rate (15% vs 33.3%), benefiting investors.