Free tool
Updated · October 2026
4×1000 Tax Calculator (GMF)
Colombia's financial transaction tax and its exemption.
$
4 × 1,000 tax to pay
$ 20.000
Net amount
$ 4.980.000
- Exempt portion
- $ 0
- Taxed portion
- $ 5.000.000
Calculate the4 × 1,000 tax(financial transactions levy, GMF) charged on a withdrawal, transfer or payment in Colombia. The rate is$4 for every $1,000(0.4%), under article 871 of the Tax Code.
You can mark a single savings account as exempt: its withdrawals pay no GMF up to 350 UVT per month ($ 18.330.900 in 2026), under article 879 of the Tax Code.
When to use this tool
- Before a large withdrawal or transfer.
- To know how much exemption you have left on your designated account this month.
- When calculating the real cost of moving your sales money.
- To estimate the deductible GMF on your income tax return.
How to calculate the 4 × 1,000 tax
- 1Enter the amount of the withdrawal, transfer or payment.
- 2Check whether it comes from your account marked as exempt.
- 3If it is the exempt account, enter how much you have already withdrawn this month.
- 4Check the GMF to pay and the net amount the recipient gets.
This in Katuq
Every peso that goes out affects your margin
The 4 × 1,000 tax, the payment gateway fee and shipping eat into the margin of every sale. With the profit-per-order calculator you see how much you really keep, and in Katuq you see it order by order.