Belgium or Colombia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Belgium and Colombia weigh about the same on the taxpayer.

Tax Belgium Colombia Gap
Corporate income tax headline rate 25% 35% −10.0 points
Personal income tax top bracket 25% to 50% 0% to 39% +11.0 points
VAT standard rate 21% 19% +2.0 points

Detailed schedules

Corporate income tax

Belgium

n/a

Colombia

General rate 35%
Financial institutions 5-point surtax until 2027 40%
See the Belgium page See the Colombia page