🇨🇴 Colombia

20%

Dividends paid to residents of Colombia are exempt from tax if they are derived from profits that have already been taxed at the corporate level. However, dividends from companies with profits accumulated before 2017 are subject to a different tax treatment.

15%

Capital gains are exempt from taxation if the asset being sold is held for more than two years. This exemption applies to gains from the sale of shares, real estate, and other assets, provided the holding period condition is met.

19%

Property rental income in Colombia is subject to a 19% tax rate. This rate applies to both residents and non-residents earning income from rental properties in the country. The tax is based on the net income, which is the rental income minus allowable deductions such as maintenance costs, insurance, and other expenses related to the property.

Yes

Property tax in Colombia is an annual tax levied on the value of real estate, based on the cadastral value determined by the government. The tax rate generally ranges from 0.4% to 1.2% depending on factors like the property's location and its usage (residential or commercial). Municipalities are responsible for setting specific rates, which means the tax burden can vary by region.

No

Colombia does not impose a separate inheritance tax. However, inheritances are considered extraordinary income and are subject to capital gains tax at a rate of 15%.

Yes

Colombia has an equity tax, also known as a wealth tax, on individuals with significant net worth. The tax applies to net equity (assets minus liabilities) and is calculated annually. Rates range from 0.5% to 1.5%, depending on the value of the net equity, with higher rates for larger assets. Non-residents are taxed only on assets located in Colombia.