Taiwan 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.
๐น๐ผ Taiwan โ Municipal & County Tax Levies
Taiwan's 6 special municipalities (including Taipei, New Taipei, Kaohsiung), 3 cities, and 13 counties each levy local taxes including land value tax (1%โ5.5% of announced land value), house tax (1.5%โ3.6% on residential; 3%โ5% commercial), and vehicle license tax. Land Value Increment Tax (LVIT) on land price gains is a major revenue source. The National Taxation Bureau administers national income and business taxes.
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.
Taiwan vs Colombia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐ผ Taiwan has a higher top income tax rate (5โ40% vs 0โ39%). ๐จ๐ด Colombia is more favourable for high earners.
๐ VAT/Sales Tax: Colombia has a higher consumption tax (5% vs 0โ19%).
๐ข Corporate Tax: ๐น๐ผ Taiwan offers a lower corporate rate (20% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐น๐ผ Taiwan taxes investment gains at a lower rate (0% vs 15%), benefiting investors.