AR · AmericasKR · Asia

Argentina vs South Korea: tax rates compared

South Korea has an income tax rate of 49.5%, 14.5pp above Argentina's 35%. The 200-country average is 28%: both sit above it. Argentina's figure is dated 2026-06-16 and South Korea's 2025-01-01, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income35%49.5%Corporate26.4%35%VAT10%21%Capital Gains0%Crypto0%15%Wealth Tax0%1%
six shared taxes, side by side
Tax AR KRDifference
Income Tax35%49.5%KR +14.5 pp
Corporate Tax35%26.4%AR +8.6 pp
VAT21%10%AR +11 pp
Capital Gains Tax0%0%match
Crypto Tax15%0%AR +15 pplargest gap
Wealth Tax1%0%AR +1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Argentina35%Source: PWC Worldwide Tax Summaries — Argentina (Individual, Taxes on personal income) · as of 2026-06-16
South Korea49.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−14.5 ppSouth Korea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Argentina35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
South Korea26.4%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+8.6 ppArgentina higher

Argentina has a corporate tax rate of 35%, 8.6pp above South Korea's 26.4%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Argentina21%Source: PWC Worldwide Tax Summaries — Argentina (Corporate, Other taxes) · as of 2026-06-16
South Korea10%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04
Difference+11 ppArgentina higher

Argentina has a VAT rate of 21%, 11pp above South Korea's 10%. The 181-country average is 15%: Argentina sits above it, South Korea sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Argentina0%Source: PWC Worldwide Tax Summaries — Argentina (Individual, Income determination) · as of 2026-06-16
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02
Difference0 ppdisplayed rates match

Argentina and South Korea share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Argentina has a crypto tax rate of 15%, 15pp above South Korea's 0%. The 88-country average is 13%: Argentina sits above it, South Korea sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Argentina1%Source: AFIP/ARCA — Impuesto sobre los Bienes Personales, alícuotas · as of 2025-01-01
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02
Difference+1 ppArgentina higher

Argentina has a wealth tax rate of 1%, 1pp above South Korea's 0%. The 193-country average is 0.1%: Argentina sits above it, South Korea sits below it. Argentina's figure is dated 2025-01-01 and South Korea's 2026-07-02, so the two rates come from different data vintages.