CO · Americas ↔ TR · Asia
Colombia vs Türkiye: tax rates compared
Between the two, Türkiye's income tax rate (40.8%) tops Colombia's (39%) by 1.8pp. The 37-country average is 43.2%: both sit below 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
| Country | Rate | Source |
|---|---|---|
| Colombia | 39% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Türkiye | 40.8% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −1.8 pp | Türkiye higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Türkiye | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Colombia higherlargest gap on this page |
Between the two, Colombia's corporate tax rate (35%) tops Türkiye's (25%) by 10pp. 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 |
| Türkiye | 20% | Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27 |
| Difference | −1 pp | Türkiye higher |
Between the two, Türkiye's VAT rate (20%) tops Colombia's (19%) by 1pp. The 37-country average is 19.5%: Colombia sits below it, Türkiye sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Türkiye | 0% | Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27 |
| Difference | +1.5 pp | Colombia higher |
Between the two, Colombia's wealth tax rate (1.5%) tops Türkiye's (0%) by 1.5pp. The 193-country average is 0.1%: Colombia sits above it, Türkiye sits below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.