Tax effort has stagnated in recent years
Predicted tax revenues according to alternative estimation methods (per cent of GDP)
The share of natural-resource related revenues in GDP has accelerated (in per cent of GDP)
Tax revenue composition inĀ 2012
Top statutory corporate income rates in OECD and Latin American countries
Taxation has little redistributive power
Taxes in Colombia are less progressive compared to Mexico
Colombia's standard VAT rate is relatively low
The personal income tax levies little revenue in part due to a high minimum exemption level
Combined statutory tax rates on dividends
There is room to strengthen the tax administration
Environmentally related taxes are low
Income per capita inequality across regions is high
Composition of subnational (municipal and departmental) revenues