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Economy > Tax > Components of taxation Stats: compare key data on Denmark & South Korea

Definitions

STAT Denmark South Korea
Corporate income tax u5.8%
Ranked 24th.
u12.8%
Ranked 5th. 2 times more than Denmark
Goods and service tax 33.1%
Ranked 12th.
38.8%
Ranked 6th. 17% more than Denmark
Personal income tax 53.2%
Ranked 1st. 4 times more than South Korea
12.8%
Ranked 28th.
Social security > Contribution by employer 0.7%
Ranked 25th.
7.7%
Ranked 24th. 11 times more than Denmark
Social security > Employees contribution 2.7%
Ranked 27th.
11.1%
Ranked 12th. 4 times more than Denmark

SOURCES: OECD Revenue Statistics

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