CZ · Europe ↔ KR · Asia

Czechia vs South Korea: tax rates compared

South Korea has an income tax rate of 49.5%, 26.5pp above Czechia's 23%. The 37-country average is 43.2%: Czechia sits below it, South Korea sits above it.

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

Income Tax

0102030405060World avg 43.2%CZ 23%KR 49.5%
Income Tax, side by side
CountryRateSource
Czechia23%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
South Korea49.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−26.5 ppSouth Korea higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%CZ 21%KR 26.4%
Corporate Tax, side by side
CountryRateSource
Czechia21%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−5.4 ppSouth Korea higher

South Korea has a corporate tax rate of 26.4%, 5.4pp above Czechia's 21%. The 201-country average is 22.6%: Czechia sits below it, South Korea sits above it.

VAT

0102030405060World avg 19.5%CZ 21%KR 10%
VAT, side by side
CountryRateSource
Czechia21%Source: PWC Worldwide Tax Summaries — Czech Republic (Corporate, Other taxes) · as of 2026-01-07
South Korea10%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04
Difference+11 ppCzechia higher

Czechia has a VAT rate of 21%, 11pp above South Korea's 10%. The 37-country average is 19.5%: Czechia sits above it, South Korea sits below it.

Wealth Tax

0102030405060World avg 0.1%CZ 0%KR 0%
Wealth Tax, side by side
CountryRateSource
Czechia0%Source: PWC Worldwide Tax Summaries — Czech Republic (Individual, Other taxes) · as of 2026-01-07
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Czechia and South Korea share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.