Taxes in South Korea
South Korea raises revenue through income tax and VAT, among others. National income tax of 6%–45%, plus a local income tax of 10% of that amount.
VAT is charged at 10.00% on most goods and services, and importers pay duty plus VAT on goods brought into the country.
Use the calculators above for a quick estimate, then verify exact figures with the National Tax Service (nts.go.kr). These tools are estimates, not tax advice.