The Corporate Tax Rate in Colombia stands at 34 percent. Corporate Tax Rate in Colombia averaged 32.65 percent from 1997 until 2018, reaching an all time high of 35 percent in 1998 and a record low of 25 percent in 2013.

Corporate Tax Rate in Colombia is expected to be 34.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Corporate Tax Rate is projected to trend around 34.00 percent in 2020, according to our econometric models.

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Colombia Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
34.00 34.00 35.00 25.00 1997 - 2018 percent Yearly


Colombia Corporate Tax Rate
In Colombia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Colombia.

Colombia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 34.00 34.00 35.00 25.00 percent [+]
Personal Income Tax Rate 33.00 33.00 38.50 33.00 percent [+]
Sales Tax Rate 19.00 19.00 19.00 16.00 percent [+]
Social Security Rate 30.50 30.50 48.20 30.50 percent [+]
Social Security Rate For Companies 20.50 21.00 40.20 20.50 percent [+]
Social Security Rate For Employees 10.00 10.00 10.00 7.38 percent [+]