WorldTax Compare← All Comparisons

Colombia vs Spain
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

πŸ‡¨πŸ‡΄ Colombia
vs
πŸ‡ͺπŸ‡Έ Spain
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–39%
Reform proposals; Petro administration final year
No change
19–47%
National rates stable; community variation continues
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
0–19%
19% standard; no major change
No change
4–21%
Basic food VAT returning toward normal rates
No change
Corporate Tax Rate
Corporate Tax Rate
35%
35% stable; competitiveness concerns vs. regional peers
No change
25%
25% standard; digital services levy discussions
No change
Capital Gains Tax
Capital Gains Tax
15%
15% flat; potential reform for real estate gains
No change
19–28%
Progressive savings tax maintained
No change
Social Security & Payroll
Social Security / Payroll
~30%
Pension reform fully phasing in; new contribution structure
No change
~37.2%
MEI surcharge continues gradual increase to 2032
β–² +0.2pp vs 2025
State, Regional & Local Taxes

πŸ‡¨πŸ‡΄ 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%–1.4% 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.

πŸ‡ͺπŸ‡Έ Spain β€” Autonomous Community & Municipal Taxes

Spain's 17 autonomous communities set their own half of income tax. Madrid applies significant reductions while Catalonia has higher regional rates. The Basque Country and Navarre have special tax regimes (concierto econΓ³mico). Municipal taxes include IBI (property tax) and IAE (business activity tax). Effective top rates (national + regional) range from ~43% (Madrid) to ~54% in some communities.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Colombia vs Spain: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡ͺπŸ‡Έ Spain has a higher top income tax rate (0–39% vs 19–47%). πŸ‡¨πŸ‡΄ Colombia is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Spain has a higher consumption tax (0–19% vs 4–21%).

🏒 Corporate Tax: πŸ‡ͺπŸ‡Έ Spain offers a lower corporate rate (25% vs 35%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡¨πŸ‡΄ Colombia taxes investment gains at a lower rate (15% vs 28%), benefiting investors.

Related Comparisons

πŸ‡¦πŸ‡· Argentina vs πŸ‡¨πŸ‡΄ ColombiaTax comparisonπŸ‡¦πŸ‡Ί Australia vs πŸ‡ͺπŸ‡Έ SpainTax comparisonπŸ‡§πŸ‡΄ Bolivia vs πŸ‡¨πŸ‡΄ ColombiaTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡¨πŸ‡΄ ColombiaTax comparisonπŸ‡¨πŸ‡± Chile vs πŸ‡¨πŸ‡΄ ColombiaTax comparisonπŸ‡¨πŸ‡΄ Colombia vs πŸ‡ͺπŸ‡¨ EcuadorTax comparisonπŸ‡¨πŸ‡΄ Colombia vs πŸ‡²πŸ‡½ MexicoTax comparisonπŸ‡¨πŸ‡΄ Colombia vs πŸ‡΅πŸ‡Ύ ParaguayTax comparisonπŸ‡¨πŸ‡΄ Colombia vs πŸ‡΅πŸ‡ͺ PeruTax comparisonπŸ‡¨πŸ‡΄ Colombia vs πŸ‡ΊπŸ‡Έ United StatesTax comparisonπŸ‡¨πŸ‡΄ Colombia vs πŸ‡ΊπŸ‡Ύ UruguayTax comparisonπŸ‡«πŸ‡· France vs πŸ‡ͺπŸ‡Έ SpainTax comparison