CO · AmericasMH · Oceania
Colombia vs Marshall Islands: tax rates compared
Colombia's income tax rate is 27pp higher than Marshall Islands's (39% vs 12%). The 200-country average is 28%: Colombia sits above it, Marshall Islands sits below it. Colombia's figure is dated 2025-01-01 and Marshall Islands's 2018-05-21, so the two rates come from different data vintages.
Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CO | MH | Difference |
|---|---|---|---|
| Income Tax | 39% | 12% | CO +27 pplargest gap |
| 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 |
| Marshall Islands | 12% | Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989, Section 103 (Tax on Wages and Salaries) · as of 2018-05-21 |
| Difference | +27 pp | Colombia higher |
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Marshall Islands | 0% | Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989 · as of 2026-07-18 |
| Difference | +1.5 pp | Colombia higher |
Colombia's wealth tax rate is 1.5pp higher than Marshall Islands's (1.5% vs 0%). The 193-country average is 0.1%: Colombia sits above it, Marshall Islands sits below it.
Not covered for both countries yet: Corporate Tax, VAT, Capital Gains Tax, Crypto Tax.