FACTOID # 3: People in Germany, Belgium, Hungary and Sweden have to pay almost half their salaries in tax.
 
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Asia > Korea, South > Taxation

KOREAN TAXATION STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Components of taxation > Corporate income tax u12.8% [5th of 28]
Components of taxation > Goods and service tax 38.8% [6th of 30]
Components of taxation > Personal income tax 12.8% [28th of 30]
Net taxes on products > current US$ 86,503,730,000 $ ... [8th of 159]
Other taxes > % of revenue 7.05 % ... [10th of 91]
Other taxes > current LCU 13291290000000 ...
Social contributions > % of revenue 16.16 % ... [38th of 78]
Social contributions > current LCU 30466970000000 ...
Tax payments > number 27 ... [105th of 171]
Tax revenue > % of GDP 15.8 % ... [46th of 98]
Tax revenue > current LCU 127465700000000 ...
Taxes on goods and services > % of revenue 28.32 % ... [48th of 98]
Taxes on goods and services > % value added of industry and services 7.69 % ... [52nd of 89]
Taxes on goods and services > current LCU 53400730000000 ...
Taxes on income, profits and capital gains > % of revenue 28.88 % ... [17th of 98]
Taxes on income, profits and capital gains > % of total taxes 42.72 % ... [19th of 98]
Taxes on income, profits and capital gains > current LCU 54456010000000 ...
Taxes on international trade > % of revenue 3.35 % ... [40th of 86]
Taxes on international trade > current LCU 6317688000000 ...
Total tax rate > % of profit 30.9 % ... [151st of 171]

... View all Taxation stats

SOURCES: OECD Revenue Statistics; World Development Indicators database

ALTERNATIVE NAMES: Korea, South, Republic of Korea, South Korea, Taehan-min'guk, korea, republic of, korea, rep. of, korea-south, SKOREA, Korea Republic, Korean Republic, Korea (Rep.), Korea

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