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

Definitions

STAT South Korea United States
Corporate income tax u12.8%
Ranked 5th. 91% more than United States
u6.7%
Ranked 20th.
Goods and service tax 38.8%
Ranked 6th. 2 times more than United States
17.6%
Ranked 30th.
Personal income tax 12.8%
Ranked 28th.
37.7%
Ranked 5th. 3 times more than South Korea
Social security > Contribution by employer 7.7%
Ranked 24th.
13%
Ranked 15th. 69% more than South Korea
Social security > Employees contribution 11.1%
Ranked 12th.
11.7%
Ranked 10th. 5% more than South Korea

SOURCES: OECD Revenue Statistics

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