What is the difference between gravado and no gravado dividends?

Non-gravado (no gravado) dividends are paid from company profits that already bore corporate income tax, so they get lighter treatment. Gravado dividends come from profits that were not taxed at the company level, so they are first taxed at the 35% corporate rate before the dividend tax is applied to the remainder.

How much tax do residents pay on dividends in Colombia?

For resident individuals, non-gravado dividends are exempt up to 1,090 UVT per year and taxed at a marginal rate (commonly 15%, with 10% applied to the first bracket above the threshold) on the excess. The exact marginal table is set each year by the reform in force, so treat the result as an estimate.

What rate applies to non-residents?

Non-resident shareholders generally face a flat withholding on dividends — commonly 20% on non-gravado dividends, after the 35% corporate-level tax for gravado dividends. Tax treaties can reduce these rates, which this tool does not model.

What is the 1,090 UVT threshold?

Resident individuals receive an annual tax-free band on non-gravado dividends equal to 1,090 UVT. Below that amount no dividend tax applies; the marginal rate only bites on the portion above it. UVT is Colombia's indexed tax unit, so the band is converted to pesos at the current UVT value.

Does this include treaty relief or the 2024 reform proposals?

No. It applies the standard resident and non-resident structure and ignores double-tax treaties and any not-yet-enacted reform proposals. Confirm the current year's rates and any treaty benefits with a Colombian contador before relying on the figure.

Colombia Dividend Tax Calculator

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A Colombia dividend tax calculator that turns a gross dividend into the amount you actually keep, applying Colombia’s split between gravado and no gravado dividends, the resident tax-free band, and the flat non-resident rate. It is built for shareholders and investors who need to see the dividend tax, any corporate gross-up, and the net payout in pesos.

How it works

Colombia taxes dividends differently depending on where the profit was taxed:

No gravado (non-taxable origin): the profit already paid corporate income tax, so the shareholder pays a lighter dividend tax. For resident individuals, the first 1,090 UVT per year is exempt and the excess is taxed at a marginal rate.
Gravado (taxable origin): the profit was not taxed at the company, so it is first hit by the 35% corporate rate, and only the remaining 65% flows to the shareholder, where the no-gravado dividend rules then apply.

For non-residents, a flat withholding (commonly 20% on the no-gravado portion) replaces the banded resident treatment.

gravado:    after_corp = gross × (1 − 0.35)   then apply dividend tax to after_corp
no gravado: dividend tax applied directly to gross
resident excess over 1,090 UVT × marginal rate   |   non-resident: flat rate × base

UVT is Colombia’s indexed tax unit, used to convert the 1,090 UVT band into pesos.

Example and notes

A resident receives a no gravado dividend of COP 80,000,000. With a 1,090 UVT band worth roughly COP 51m, only about COP 29m is taxable, and at a 15% marginal rate the dividend tax is around COP 4.4m, leaving roughly COP 75.6m net.

If the same dividend were gravado, 35% corporate tax (COP 28m) is removed first, then the banded dividend tax applies to the remaining COP 52m. Rates and the marginal table change with each reform — treat this as an estimate and confirm with a contador.