Colombia vs Philippines
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐จ๐ด Colombia โ Departmental & Municipal Taxes
Colombia's 32 departments and 1,102 municipalities levy Industria y Comercio (ICA) โ a gross receipts tax on business activity at 0.2%โ1.4% of revenues. Municipalities set property tax (predial) rates within national ranges. The SIMPLE tax regime integrates various taxes for small businesses. Bogotรก and Medellรญn have higher ICA rates than smaller cities. Departments levy taxes on alcohol, tobacco, and vehicle registration.
๐ต๐ญ Philippines โ Local Government Unit (LGU) Taxes
The Philippines' 82 provinces, 146 cities, and 1,488 municipalities levy business taxes (1%โ2% of gross receipts), real property tax, and fees. Cities can levy local business taxes at their own rates within national caps. The local business tax is a major compliance burden for businesses operating across multiple LGUs. The BIR (Bureau of Internal Revenue) administers national taxes. The Create Act (2021) significantly reformed corporate income tax rates.
Colombia vs Philippines: Key Tax Differences (2026)
๐ฐ Income Tax: ๐จ๐ด Colombia has a higher top income tax rate (0โ39% vs 0โ35%). ๐ต๐ญ Philippines is more favourable for high earners.
๐ VAT/Sales Tax: Colombia has a higher consumption tax (0โ19% vs 12%).
๐ข Corporate Tax: ๐ต๐ญ Philippines offers a lower corporate rate (25% vs 35%), which can influence business location decisions.