TD · AfricaKR · Asia
Chad vs South Korea: tax rates compared
South Korea has an income tax rate of 49.5%, 19.5pp above Chad's 30%. The 200-country average is 28%: both sit above it. Chad's figure is dated 2024-08-12 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 | TD | KR | Difference |
|---|---|---|---|
| Income Tax | 30% | 49.5% | KR +19.5 pp |
| Corporate Tax | 35% | 26.4% | TD +8.6 pp |
| VAT | 18% | 10% | TD +8 pp |
| Capital Gains Tax | 20% | 0% | TD +20 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Chad | 30% | Source: PWC Worldwide Tax Summaries — Chad (Individual, Taxes on personal income) · as of 2024-08-12 |
| 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 |
|---|---|---|
| Chad | 35% | 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 | +8.6 pp | Chad higher |
Chad 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
| Country | Rate | Source |
|---|---|---|
| Chad | 18% | Source: PWC Worldwide Tax Summaries — Chad (Corporate, Other taxes) · as of 2024-08-12 |
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Difference | +8 pp | Chad higher |
Chad has a VAT rate of 18%, 8pp above South Korea's 10%. The 181-country average is 15%: Chad sits above it, South Korea sits below it. Chad's figure is dated 2024-08-12 and South Korea's 2026-06-04, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Chad | 20% | Source: PWC Worldwide Tax Summaries — Chad (Individual, Taxes on personal income) · as of 2024-08-12 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Difference | +20 pp | Chad higher |
Chad has a capital gains tax rate of 20%, 20pp above South Korea's 0%. The 175-country average is 10.3%: Chad sits above it, South Korea sits below it. Chad's figure is dated 2024-08-12 and South Korea's 2026-07-02, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Chad | 0% | Source: PWC Worldwide Tax Summaries — Chad (Individual, Other taxes) · as of 2024-08-12 |
| 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 |
Chad and South Korea share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Chad's figure is dated 2024-08-12 and South Korea's 2026-07-02, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.