Corporate Tax Comparison

Canada vs Colombia

Compare Canada and Colombia corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Time of Update — Canada: 4/04/2026 · Colombia: 4/05/2026

Base Country/Region

Compare Country/Region

Compare Corporate Tax

Canada

Colombia

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Time of Update — Canada: 4/04/2026 · Colombia: 4/05/2026

Corporate Income Tax (CIT)

Canada

Colombia

General CIT Rate:

Federal corporate income tax: 15%. Provincial and territorial CITs range from 8% to 16%.

General CIT Rate:

35 (surcharges may apply)

CIT Return Due Date:

After six months from the end of the company's fiscal year.

CIT Return Due Date:

Between April and May, depending on the tax ID of each taxpayer.

CIT Payment Due Date:

Typically, two months after the end of the company's tax year.

CIT Payment Due Date:

According to the type of taxpayer, the CIT payment may be due in April to May with the CIT declaration form, or it may be due in July as the third installment.

CIT Estimated Payment Due Date:

Tax installment payments are usually due on the last day of each month.

CIT Estimated Payment Due Date:

Big taxpayers: 3 installments. Other taxpayers: 2 installments.

Withholding Tax (WHT)

Canada

Colombia

Resident Withholding Tax (Dividend/Interest/Royalty):

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

25/25/25

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

20/20/20

Value-Added Tax (VAT)

Canada

Colombia

General VAT Rate:

5% - 15%

Learn More

Value-Added Tax (VAT)

General VAT Rate:

Learn More

Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Canada

Colombia

General Capital Gain Tax Rate:

Half of the capital gains are considered as taxable capital gains, recorded as company income and taxed at the regular tax rate.

General Capital Gain Tax Rate:

Effective Tax Rate (ETR)

Canada

Colombia

Composite Effective Average Tax Rate:

23.74

Composite Effective Average Tax Rate:

32.93%

Composite Effective Marginal Tax Rate:

13.74

Composite Effective Marginal Tax Rate:

32.59%

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