CO · AmericasIM · Europe
Colombia vs Isle of Man: tax rates compared
Colombia's income tax rate is 18pp higher than Isle of Man's (39% vs 21%). The 200-country average is 28%: Colombia sits above it, Isle of Man sits below it. Colombia's figure is dated 2025-01-01 and Isle of Man's 2026-02-06, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CO | IM | Difference |
|---|---|---|---|
| Income Tax | 39% | 21% | CO +18 pp |
| Corporate Tax | 35% | 0% | CO +35 pplargest gap |
| VAT | 19% | 20% | IM +1 pp |
| Capital Gains Tax | 15% | 0% | CO +15 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 |
| Isle of Man | 21% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Taxes on personal income) · as of 2026-02-06 |
| Difference | +18 pp | Colombia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Isle of Man | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +35 pp | Colombia higher |
Colombia's corporate tax rate is 35pp higher than Isle of Man's (35% vs 0%). The 201-country average is 22.6%: Colombia sits above it, Isle of Man sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Colombia | 19% | Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23 |
| Isle of Man | 20% | Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06 |
| Difference | −1 pp | Isle of Man higher |
Isle of Man's VAT rate is 1pp higher than Colombia's (20% vs 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 |
| Isle of Man | 0% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Income determination) · as of 2026-02-06 |
| Difference | +15 pp | Colombia higher |
Colombia's capital gains tax rate is 15pp higher than Isle of Man's (15% vs 0%). The 175-country average is 10.3%: Colombia sits above it, Isle of Man sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Isle of Man | 0% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Other taxes) · as of 2026-02-06 |
| Difference | +1.5 pp | Colombia higher |
Colombia's wealth tax rate is 1.5pp higher than Isle of Man's (1.5% vs 0%). The 193-country average is 0.1%: Colombia sits above it, Isle of Man sits below it.
Not covered for both countries yet: Crypto Tax.