Colombia vs Liberia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¨π΄ 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%β1.4% 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.
π±π· Liberia β County & District Taxes
Liberia's 15 counties and districts collect local taxes including property tax (1%β3% of market value), business licence fees, and local service charges. The Liberia Revenue Authority (LRA) administers national taxes. Liberia uses the US dollar alongside the Liberian dollar. The country was devastated by civil wars (1989β2003) and the 2014β16 Ebola epidemic. Iron ore (ArcelorMittal, China Union), rubber, palm oil, and timber are key exports. Tax reform has been a focus of post-conflict reconstruction under successive administrations.
Colombia vs Liberia: Key Tax Differences (2026)
π° Income Tax: π¨π΄ Colombia has a higher top income tax rate (0β39% vs 0β25%). π±π· Liberia is more favourable for high earners.
π VAT/Sales Tax: Colombia has a higher consumption tax (0β19% vs 10%).
π’ Corporate Tax: π±π· Liberia offers a lower corporate rate (25% vs 35%), which can influence business location decisions.