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Colombia vs Cyprus: tax rates compared
Colombia has an income tax rate of 39%, 4pp above Cyprus's 35%. The 200-country average is 28%: both sit above it. Colombia's figure is dated 2025-01-01 and Cyprus's 2026-05-18, so the two rates come from different data vintages.
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 | CO | CY | Difference |
|---|---|---|---|
| Income Tax | 39% | 35% | CO +4 pp |
| Corporate Tax | 35% | 12.5% | CO +22.5 pplargest gap |
| VAT | 19% | 19% | match |
| Capital Gains Tax | 15% | 0% | CO +15 pp |
| Crypto Tax | 15% | 8% | CO +7 pp |
| Wealth Tax | 1.5% | 0% | CO +1.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 39% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Cyprus | 35% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18 |
| Difference | +4 pp | Colombia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +22.5 pp | Colombia higher |
Colombia has a corporate tax rate of 35%, 22.5pp above Cyprus's 12.5%. The 201-country average is 22.6%: Colombia sits above it, Cyprus sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Colombia | 19% | Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23 |
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| Difference | 0 pp | displayed rates match |
Colombia and Cyprus share the same VAT rate: 19%. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 15% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Difference | +15 pp | Colombia higher |
Colombia has a capital gains tax rate of 15%, 15pp above Cyprus's 0%. The 175-country average is 10.3%: Colombia sits above it, Cyprus sits below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 15% | Source: DIAN (Dirección de Impuestos y Aduanas Nacionales) — Concepto Unificado sobre Criptoactivos (100202208-1621) · as of 2023-10-17 |
| Cyprus | 8% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Difference | +7 pp | Colombia higher |
Colombia has a crypto tax rate of 15%, 7pp above Cyprus's 8%. The 88-country average is 13%: Colombia sits above it, Cyprus sits below it. Colombia's figure is dated 2023-10-17 and Cyprus's 2026-05-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18 |
| Difference | +1.5 pp | Colombia higher |
Colombia has a wealth tax rate of 1.5%, 1.5pp above Cyprus's 0%. The 193-country average is 0.1%: Colombia sits above it, Cyprus sits below it.