Colombia Tax
The rate of taxation on employment is between 0% and 33% and depends directly on:
- The amount of the salary.
- Other earnings received by the employee, including all fringe benefits (except for severance and the interest on the severance).
- Whether the employee is considered as a tax resident or not.
Pension contributions: the employer contributes 12% of his salary and the employee contributes 4%.
Healthcare: the employer contributes 8.5% of his salary and the employee contributes 4%. Healthcare contributions are made to the SGSS.