Nigeria vs Colombia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇳🇬 Nigeria — State & Local Government Taxes
Nigeria's 36 states and FCT each have their own Personal Income Tax Law (PITL), though rates follow a national schedule. States levy property rates, land use charges, and business premises levies. The 774 local government areas (LGAs) levy tenement rates and market fees. Only federal employees and residents in the FCT pay federal income tax to FIRS; all others pay to state tax authorities. VAT revenue is shared: 15% FIRS, 50% states, 35% LGAs.
🇨🇴 Colombia — Departmental & 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.
Nigeria vs Colombia: Key Tax Differences (2026)
💰 Income Tax: 🇨🇴 Colombia has a higher top income tax rate (7–24% vs 0–39%). 🇳🇬 Nigeria is more favourable for high earners.
🛒 VAT/Sales Tax: Colombia has a higher consumption tax (7.5% vs 0–19%).
🏢 Corporate Tax: 🇳🇬 Nigeria offers a lower corporate rate (25% vs 35%), which can influence business location decisions.
📈 Capital Gains: 🇳🇬 Nigeria taxes investment gains at a lower rate (10% vs 15%), benefiting investors.