CA · AmericasCO · Americas
Canada vs Colombia: tax rates compared
Canada's income tax rate is 14.5pp higher than Colombia's (53.5% vs 39%). The 200-country average is 28%: both sit above it.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CA | CO | Difference |
|---|---|---|---|
| Income Tax | 53.5% | 39% | CA +14.5 pplargest gap |
| Corporate Tax | 26% | 35% | CO +9 pp |
| VAT | 5% | 19% | CO +14 pp |
| Capital Gains Tax | 27.4% | 15% | CA +12.4 pp |
| Crypto Tax | 27.4% | 15% | CA +12.4 pp |
| Wealth Tax | 0% | 1.5% | CO +1.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Colombia | 39% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +14.5 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Colombia | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −9 pp | Colombia higher |
Colombia's corporate tax rate is 9pp higher than Canada's (35% vs 26%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Colombia | 19% | Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23 |
| Difference | −14 pp | Colombia higher |
Colombia's VAT rate is 14pp higher than Canada's (19% vs 5%). The 181-country average is 15%: Canada sits below it, Colombia sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 27.4% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12 |
| Colombia | 15% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Difference | +12.4 pp | Canada higher |
Canada's capital gains tax rate is 12.4pp higher than Colombia's (27.4% vs 15%). The 175-country average is 10.3%: both sit above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 27.4% | Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13 |
| Colombia | 15% | Source: DIAN (Dirección de Impuestos y Aduanas Nacionales) — Concepto Unificado sobre Criptoactivos (100202208-1621) · as of 2023-10-17 |
| Difference | +12.4 pp | Canada higher |
Canada's crypto tax rate is 12.4pp higher than Colombia's (27.4% vs 15%). The 88-country average is 13%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Difference | −1.5 pp | Colombia higher |
Colombia's wealth tax rate is 1.5pp higher than Canada's (1.5% vs 0%). The 193-country average is 0.1%: Canada sits below it, Colombia sits above it.