CO · AmericasLK · Asia
Colombia vs Sri Lanka: tax rates compared
Between the two, Colombia's income tax rate (39%) tops Sri Lanka's (36%) by 3pp. The 200-country average is 28%: both sit above it.
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 | LK | Difference |
|---|---|---|---|
| Income Tax | 39% | 36% | CO +3 pp |
| Corporate Tax | 35% | 30% | CO +5 pp |
| VAT | 19% | 18% | CO +1 pp |
| Capital Gains Tax | 15% | 0% | CO +15 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 |
| Sri Lanka | 36% | Source: Inland Revenue Department, Sri Lanka — Tax Chart, Year of Assessment 2025/2026 · as of 2025-08-28 |
| Difference | +3 pp | Colombia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Sri Lanka | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Colombia higher |
Between the two, Colombia's corporate tax rate (35%) tops Sri Lanka's (30%) by 5pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Colombia | 19% | Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23 |
| Sri Lanka | 18% | Source: Sri Lanka Inland Revenue Department — Value Added Tax (VAT) · as of 2024-01-01 |
| Difference | +1 pp | Colombia higher |
Between the two, Colombia's VAT rate (19%) tops Sri Lanka's (18%) by 1pp. The 181-country average is 15%: both sit above it. Colombia's figure is dated 2026-01-23 and Sri Lanka's 2024-01-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 15% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Sri Lanka | 0% | Source: Inland Revenue Department, Sri Lanka — Capital Gain Tax (CGT) · as of 2025-11-19 |
| Difference | +15 pp | Colombia higher |
Between the two, Colombia's capital gains tax rate (15%) tops Sri Lanka's (0%) by 15pp. The 175-country average is 10.3%: Colombia sits above it, Sri Lanka sits below it. Colombia's figure is dated 2026-01-23 and Sri Lanka's 2025-11-19, 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 |
| Sri Lanka | 0% | Source: Sri Lanka Inland Revenue Department — Acts of Parliament (tax legislation listing) · as of 2026-07-18 |
| Difference | +1.5 pp | Colombia higher |
Between the two, Colombia's wealth tax rate (1.5%) tops Sri Lanka's (0%) by 1.5pp. The 193-country average is 0.1%: Colombia sits above it, Sri Lanka sits below it.
Not covered for both countries yet: Crypto Tax.