Colombia vs Romania
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΄ 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.
π·π΄ Romania β Local & County Taxes
Romania's 41 counties (judeΕ£e) and Bucharest municipality do not set income tax β this is nationally set. Municipalities levy local taxes including property tax (impozit pe clΔdiri, impozit pe teren) and vehicle tax (impozit pe mijloace de transport). Bucharest has higher property tax coefficients than rural areas. A micro-enterprise tax regime (1% or 3% on turnover) applies to small companies instead of standard CIT. Romania has had the EU's lowest flat income tax rate at 10%.
Colombia vs Romania: Key Tax Differences (2026)
π° Income Tax: π¨π΄ Colombia has a higher top income tax rate (0β39% vs 10%). π·π΄ Romania is more favourable for high earners.
π VAT/Sales Tax: Both countries have comparable consumption tax rates (0β19% vs 5β19%).
π’ Corporate Tax: π·π΄ Romania offers a lower corporate rate (16% vs 35%), which can influence business location decisions.
π Capital Gains: π·π΄ Romania taxes investment gains at a lower rate (10% vs 15%), benefiting investors.