Colombia vs Saudi Arabia
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.
πΈπ¦ Saudi Arabia β Zakat, Salam & Municipality Fees
Saudi Arabia has no local or regional income taxes on individuals β the Kingdom operates as a unitary state for tax purposes. Municipalities (amanaat) collect fees for commercial licences, land use, and services. Zakat (Islamic wealth levy at 2.5% of Zakat base) applies to Saudi nationals and GCC citizens with business income, instead of income tax. Foreign companies pay CIT at 20%. The government levies municipality fees of 2.5% on commercial and residential rents. Vision 2030 is transforming the fiscal landscape.
Colombia vs Saudi Arabia: Key Tax Differences (2026)
π° Income Tax: π¨π΄ Colombia has a higher top income tax rate (0β39% vs 0% / 20%). πΈπ¦ Saudi Arabia is more favourable for high earners.
π VAT/Sales Tax: Colombia has a higher consumption tax (0β19% vs 15%).
π’ Corporate Tax: πΈπ¦ Saudi Arabia offers a lower corporate rate (20% vs 35%), which can influence business location decisions.
π Capital Gains: π¨π΄ Colombia taxes investment gains at a lower rate (15% vs 20%), benefiting investors.