CO · Americas ↔ JP · Asia

Colombia vs Japan: tax rates compared

Japan's income tax rate is 16.9pp higher than Colombia's (55.9% vs 39%). The 37-country average is 43.2%: Colombia sits below it, Japan sits above it.

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

Income Tax

0102030405060World avg 43.2%CO 39%JP 55.9%
Income Tax, side by side
CountryRateSource
Colombia39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Japan55.9%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−16.9 ppJapan higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%CO 35%JP 29.7%
Corporate Tax, side by side
CountryRateSource
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Japan29.7%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5.3 ppColombia higher

Colombia's corporate tax rate is 5.3pp higher than Japan's (35% vs 29.7%). The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%CO 19%JP 10%
VAT, side by side
CountryRateSource
Colombia19%Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23
Japan10%Source: PWC Worldwide Tax Summaries — Japan (Corporate, Other taxes) · as of 2026-01-13
Difference+9 ppColombia higher

Colombia's VAT rate is 9pp higher than Japan's (19% vs 10%). The 37-country average is 19.5%: both sit below it.

Wealth Tax

0102030405060World avg 0.1%CO 1.5%JP 0%
Wealth Tax, side by side
CountryRateSource
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Japan0%Source: PWC Worldwide Tax Summaries — Japan (Individual, Other taxes) · as of 2026-01-13
Difference+1.5 ppColombia higher

Colombia's wealth tax rate is 1.5pp higher than Japan's (1.5% vs 0%). The 193-country average is 0.1%: Colombia sits above it, Japan sits below it.

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