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Colombia vs Belgium
Tax Rate Comparison

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

πŸ‡¨πŸ‡΄ Colombia
vs
πŸ‡§πŸ‡ͺ Belgium
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
25–45%
Arizona reform reducing top rate; lower brackets widened
β–Ό -5.0pp vs 2025
VAT / GST / Sales Tax
VAT / GST / Sales Tax
0–19%
19% standard; no major change
No change
6–21%
Some reduced rates restructured under reform
No change
Corporate Tax Rate
Corporate Tax Rate
35%
35% stable; competitiveness concerns vs. regional peers
No change
25%
25% maintained; IP box regime continues
No change
Capital Gains Tax
Capital Gains Tax
15%
15% flat; potential reform for real estate gains
No change
10–33%
New flat 10% CGT on financial assets in reform
No change
Social Security & Payroll
Social Security / Payroll
~30%
Pension reform fully phasing in; new contribution structure
No change
~46%
Reform targets reducing employer contributions over time
β–Ό -2.0pp 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‡§πŸ‡ͺ Belgium β€” Regional & Municipal Income Taxes

Belgium's 3 regions (Flanders, Wallonia, Brussels) and 589 municipalities each add centimes additionnelles (additional centimes) to federal income tax. Municipal rates range from 0% to 9.5% of federal income tax, averaging ~7%. Flanders, Wallonia, and Brussels have differing property tax (prΓ©compte immobilier) rates and housing policy incentives. The withholding tax on investment income (prΓ©compte mobilier) is federal at 30%. Belgium has no inheritance tax at federal level β€” it's regional.

⚠️ 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 Belgium: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡§πŸ‡ͺ Belgium has a higher top income tax rate (0–39% vs 25–45%). πŸ‡¨πŸ‡΄ Colombia is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Belgium has a higher consumption tax (0–19% vs 6–21%).

🏒 Corporate Tax: πŸ‡§πŸ‡ͺ Belgium 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 33%), benefiting investors.

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