Suriname vs Colombia
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ธ๐ท Suriname โ District Administrations
Suriname's 10 districts have limited local taxing authority within national frameworks. The Surinaamse Belastingdienst administers national taxes. Suriname went through a severe debt crisis in 2020โ21 and defaulted on its sovereign debt; an IMF program is stabilizing the economy. Oil (Staatsolie) and gold mining are dominant revenue sources. A major TotalEnergies offshore oil discovery (Block 58) is advancing toward production. Suriname uses the Surinamese dollar (SRD); significant devaluation has affected the real tax burden.
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.
Suriname vs Colombia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐จ๐ด Colombia has a higher top income tax rate (0โ38% vs 0โ39%). ๐ธ๐ท Suriname is more favourable for high earners.
๐ VAT/Sales Tax: Colombia has a higher consumption tax (10% vs 0โ19%).
๐ข Corporate Tax: ๐จ๐ด Colombia offers a lower corporate rate (35% vs 36%), which can influence business location decisions.
๐ Capital Gains: ๐จ๐ด Colombia taxes investment gains at a lower rate (15% vs 36%), benefiting investors.