Uruguay vs Colombia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐บ๐พ Uruguay โ Departmental & Municipal Taxes
Uruguay's 19 departments (like Montevideo, Maldonado) each have their own departmental government (Intendencia) that levies property taxes (Contribuciรณn Inmobiliaria) at rates set per department, vehicle patents (Patente de Rodados), and commercial licence fees. Montevideo has higher rates than interior departments. National income tax (IRPF) and corporate tax are nationally administered by the DGI (Direcciรณn General Impositiva). Uruguay's territorial income tax system (prior to 2007 reform) was replaced with a worldwide system.
๐จ๐ด Colombia โ Departmental & Municipal Taxes
Colombia's 32 departments and 1,102 municipalities levy Industria y Comercio (ICA) โ a gross receipts tax on business activity at 0.2%โ1.4% of revenues. Municipalities set property tax (predial) rates within national ranges. The SIMPLE tax regime integrates various taxes for small businesses. Bogotรก and Medellรญn have higher ICA rates than smaller cities. Departments levy taxes on alcohol, tobacco, and vehicle registration.
Uruguay vs Colombia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐จ๐ด Colombia has a higher top income tax rate (0โ36% vs 0โ39%). ๐บ๐พ Uruguay is more favourable for high earners.
๐ VAT/Sales Tax: Uruguay has a higher consumption tax (10โ22% vs 0โ19%).
๐ข Corporate Tax: ๐บ๐พ Uruguay offers a lower corporate rate (25% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐บ๐พ Uruguay taxes investment gains at a lower rate (12% vs 15%), benefiting investors.