AI-Assisted Content: Summaries are AI-generated for general reference. Always verify with the official tax authority.
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Asia

South Korea

Korea applies progressive personal income tax plus a 10% local income tax surcharge. Corporate tax is also progressive by bracket.

Personal income tax

6–45% (+ 10% local)
Top marginal rate / range

Corporate tax

9–24%
Standard rate

VAT / Sales tax

10%
Standard indirect tax

At a glance

  • Tax yearCalendar year
  • Filing deadline31 May
Official Tax Authority National Tax Service
Visit official site →
This is a brief, AI-assisted summary intended for general reference only. Tax laws change frequently and vary by individual circumstance. Always verify current rates, rules, and obligations with South Korea's official tax authority (linked above) or a qualified tax professional before making any decision.