CF · AfricaKR · Asia
Central African Republic vs South Korea: tax rates compared
Between the two, South Korea's income tax rate (49.5%) tops Central African Republic's (40%) by 9.5pp. The 200-country average is 28%: both sit above it. Central African Republic's figure is dated 2023-01-01 and South Korea's 2025-01-01, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CF | KR | Difference |
|---|---|---|---|
| Income Tax | 40% | 49.5% | KR +9.5 pp |
| Corporate Tax | 30% | 26.4% | CF +3.6 pp |
| VAT | 19% | 10% | CF +9 pp |
| Capital Gains Tax | 40% | 0% | CF +40 pplargest gap |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Central African Republic | 40% | Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Article 86) · as of 2023-01-01 |
| South Korea | 49.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −9.5 pp | South Korea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Central African Republic | 30% | 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 | +3.6 pp | Central African Republic higher |
Between the two, Central African Republic's corporate tax rate (30%) tops South Korea's (26.4%) by 3.6pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Central African Republic | 19% | Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Article 257) · as of 2019-01-01 |
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Difference | +9 pp | Central African Republic higher |
Between the two, Central African Republic's VAT rate (19%) tops South Korea's (10%) by 9pp. The 181-country average is 15%: Central African Republic sits above it, South Korea sits below it. Central African Republic's figure is dated 2019-01-01 and South Korea's 2026-06-04, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Central African Republic | 40% | Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Articles 55, 86) · as of 2023-01-01 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Difference | +40 pp | Central African Republic higher |
Between the two, Central African Republic's capital gains tax rate (40%) tops South Korea's (0%) by 40pp. The 175-country average is 10.3%: Central African Republic sits above it, South Korea sits below it. Central African Republic's figure is dated 2023-01-01 and South Korea's 2026-07-02, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax, Wealth Tax.