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Dominican Republic vs South Korea: tax rates compared

Dominican Republic's corporate tax rate is 0.6pp higher than South Korea's (27% vs 26.4%). 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

0102030405060World avg 22.6%DO 27%KR 26.4%
Corporate Tax, side by side
CountryRateSource
Dominican Republic27%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+0.6 ppDominican Republic higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%DO 0%KR 0%
Wealth Tax, side by side
CountryRateSource
Dominican Republic0%Source: PWC Worldwide Tax Summaries — Dominican Republic (Individual, Other taxes) · as of 2025-12-05
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Dominican Republic's wealth tax rate is identical to South Korea's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Dominican Republic's figure is dated 2025-12-05 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.