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Malawi vs Colombia
Tax Rate Comparison

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

🇲🇼 Malawi
vs
🇨🇴 Colombia
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–35%
35% top; IMF program conditions
No change
0–39%
Reform proposals; Petro administration final year
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
16.5%
16.5% VAT maintained
No change
0–19%
19% standard; no major change
No change

Corporate Tax Rate

Corporate Tax Rate
30%
30%; mining sector developing
No change
35%
35% stable; competitiveness concerns vs. regional peers
No change

Capital Gains Tax

Capital Gains Tax
30%
30% CGT maintained
No change
15%
15% flat; potential reform for real estate gains
No change

Social Security & Payroll

Social Security / Payroll
~10%
MASM; pension coverage expanding
No change
~30%
Pension reform fully phasing in; new contribution structure
No change
State, Regional & Local Taxes

🇲🇼 MalawiDistrict & City Councils

Malawi's 28 district councils and city/town assemblies levy property rates, trading licences, and local service charges. The Malawi Revenue Authority (MRA) administers national taxes. Malawi is landlocked and one of the world's poorest countries — highly dependent on tobacco exports (declining due to health campaigns), tea, and sugar, plus significant international aid. An IMF Extended Credit Facility has been supporting fiscal consolidation. The kwacha has experienced significant depreciation, complicating tax bracket real values over time.

🇨🇴 ColombiaDepartmental & 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.

⚠️ 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.

Malawi vs Colombia: Key Tax Differences (2026)

💰 Income Tax: 🇨🇴 Colombia has a higher top income tax rate (0–35% vs 0–39%). 🇲🇼 Malawi is more favourable for high earners.

🛒 VAT/Sales Tax: Colombia has a higher consumption tax (16.5% vs 0–19%).

🏢 Corporate Tax: 🇲🇼 Malawi offers a lower corporate rate (30% vs 35%), which can influence business location decisions.

📈 Capital Gains: 🇨🇴 Colombia taxes investment gains at a lower rate (15% vs 30%), benefiting investors.

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All 🇲🇼 Malawi comparisons →All 🇨🇴 Colombia comparisons →