BR · Americas ↔ KR · Asia
Brazil vs South Korea: tax rates compared
Between the two, Brazil's corporate tax rate (34%) tops South Korea's (26.4%) by 7.6pp. The 201-country average is 22.6%: both sit above it.
Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Brazil | 34% | 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 | +7.6 pp | Brazil higherlargest gap on this page |
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Brazil | 0% | Source: PWC Worldwide Tax Summaries — Brazil (Individual, Other taxes) · as of 2025-05-02 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Brazil and South Korea both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Brazil's figure is dated 2025-05-02 and South Korea's 2026-07-02, so the two rates come from different data vintages.
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.