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

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Definitions

STAT Australia South Korea
Corporate income tax u16.8%
Ranked 3rd. 31% more than South Korea
u12.8%
Ranked 5th.
Goods and service tax 30.3%
Ranked 16th.
38.8%
Ranked 6th. 28% more than Australia
Personal income tax 38.5%
Ranked 4th. 3 times more than South Korea
12.8%
Ranked 28th.
Social security > Contribution by employer 0.0
Ranked 27th.
7.7%
Ranked 24th.
Social security > Employees contribution 0.0
Ranked 30th.
11.1%
Ranked 12th.

SOURCES: OECD Revenue Statistics

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