BY · EuropeKR · Asia
Belarus vs South Korea: tax rates compared
Between the two, South Korea's income tax rate (49.5%) tops Belarus's (30%) by 19.5pp. The 200-country average is 28%: both sit above it. Belarus's figure is dated 2026-01-01 and South Korea's 2025-01-01, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BY | KR | Difference |
|---|---|---|---|
| Income Tax | 30% | 49.5% | KR +19.5 pplargest gap |
| Corporate Tax | 25% | 26.4% | KR +1.4 pp |
| VAT | 20% | 10% | BY +10 pp |
| Capital Gains Tax | 13% | 0% | BY +13 pp |
| Crypto Tax | 13% | 0% | BY +13 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Belarus | 30% | Source: Official Internet Portal of the President of the Republic of Belarus — "Aleksandr Lukashenko approves changes to tax legislation" · as of 2026-01-01 |
| South Korea | 49.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −19.5 pp | South Korea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Belarus | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| South Korea | 26.4% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −1.4 pp | South Korea higher |
Between the two, South Korea's corporate tax rate (26.4%) tops Belarus's (25%) by 1.4pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Belarus | 20% | Source: Tax Code of the Republic of Belarus (Special Part), Article 122 — consolidated text via pravo.by, linked from the Ministry of Taxes and Duties' official site · as of 2026-07-19 |
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Difference | +10 pp | Belarus higher |
Between the two, Belarus's VAT rate (20%) tops South Korea's (10%) by 10pp. The 181-country average is 15%: Belarus sits above it, South Korea sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Belarus | 13% | Source: Republic of Belarus — Tax Code (Special Part), Ministry of Finance consolidated text (Art. 160: tax base for income from securities transactions; Art. 173: personal income tax rates) · as of 2026-07-19 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Difference | +13 pp | Belarus higher |
Between the two, Belarus's capital gains tax rate (13%) tops South Korea's (0%) by 13pp. The 175-country average is 10.3%: Belarus sits above it, South Korea sits below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Belarus | 13% | Source: Belarus Ministry of Taxes and Duties (MNS) — Clarification on the taxation of individuals' income from token transactions · as of 2025-08-26 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Income determination — Income from virtual assets) · as of 2026-06-04 |
| Difference | +13 pp | Belarus higher |
Between the two, Belarus's crypto tax rate (13%) tops South Korea's (0%) by 13pp. The 88-country average is 13%: Belarus matches the world average, South Korea sits below it. Belarus's figure is dated 2025-08-26 and South Korea's 2026-06-04, so the two rates come from different data vintages.
Not covered for both countries yet: Wealth Tax.