BT · AsiaCO · Americas

Bhutan vs Colombia: tax rates compared

Between the two, Colombia's income tax rate (39%) tops Bhutan's (30%) by 9pp. The 200-country average is 28%: both sit above it. Bhutan's figure is dated 2026-07-20 and Colombia's 2025-01-01, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%39%Corporate25%35%VAT5%19%Wealth Tax0%1.5%
four shared taxes, side by side
Tax BT CODifference
Income Tax30%39%CO +9 pp
Corporate Tax25%35%CO +10 pp
VAT5%19%CO +14 pplargest gap
Wealth Tax0%1.5%CO +1.5 pp

Income Tax

Income Tax, side by side
CountryRateSource
Bhutan30%Source: Bhutan Department of Revenue and Customs, Ministry of Finance — Personal Income Tax (PIT) · as of 2026-07-20
Colombia39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−9 ppColombia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bhutan25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppColombia higher

Between the two, Colombia's corporate tax rate (35%) tops Bhutan's (25%) by 10pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Bhutan5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01
Colombia19%Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23
Difference−14 ppColombia higher

Between the two, Colombia's VAT rate (19%) tops Bhutan's (5%) by 14pp. The 181-country average is 15%: Bhutan sits below it, Colombia sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bhutan0%Source: Bhutan Department of Revenue and Customs, Ministry of Finance · as of 2026-07-18
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Difference−1.5 ppColombia higher

Between the two, Colombia's wealth tax rate (1.5%) tops Bhutan's (0%) by 1.5pp. The 193-country average is 0.1%: Bhutan sits below it, Colombia sits above it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.