Thailand 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.
๐น๐ญ Thailand โ Municipal & Local Organization Taxes
Thailand's 77 provinces contain various Local Administrative Organizations (LAOs) โ municipalities, sub-district organizations (TAO), and special areas (Bangkok, Pattaya). LAOs levy Local Development Tax (LDT) on land at low rates (0.01%โ0.5% of assessed value). The Land and Building Tax (LBT) implemented in 2020 applies at 0.01%โ3% based on use type. Bangkok has the highest real estate values. The Revenue Department administers national taxes centrally.
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.
Thailand vs Colombia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐จ๐ด Colombia has a higher top income tax rate (0โ35% vs 0โ39%). ๐น๐ญ Thailand is more favourable for high earners.
๐ VAT/Sales Tax: Colombia has a higher consumption tax (7% vs 0โ19%).
๐ข Corporate Tax: ๐น๐ญ Thailand offers a lower corporate rate (20% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐จ๐ด Colombia taxes investment gains at a lower rate (15% vs 35%), benefiting investors.