DO · AmericasKR · Asia
Dominican Republic vs South Korea: tax rates compared
South Korea's income tax rate is 24.5pp higher than Dominican Republic's (49.5% vs 25%). The 200-country average is 28%: Dominican Republic sits below it, South Korea sits above it.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | DO | KR | Difference |
|---|---|---|---|
| Income Tax | 25% | 49.5% | KR +24.5 pp |
| Corporate Tax | 27% | 26.4% | DO +0.6 pp |
| VAT | 18% | 10% | DO +8 pp |
| Capital Gains Tax | 25% | 0% | DO +25 pplargest gap |
| Crypto Tax | 25% | 0% | DO +25 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 25% | Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05 |
| South Korea | 49.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −24.5 pp | South Korea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 27% | 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 | +0.6 pp | Dominican Republic higher |
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.
VAT
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 18% | Source: PWC Worldwide Tax Summaries — Dominican Republic (Corporate, Other taxes) · as of 2025-12-05 |
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Difference | +8 pp | Dominican Republic higher |
Dominican Republic's VAT rate is 8pp higher than South Korea's (18% vs 10%). The 181-country average is 15%: Dominican Republic sits above it, South Korea sits below it. Dominican Republic's figure is dated 2025-12-05 and South Korea's 2026-06-04, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 25% | Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Difference | +25 pp | Dominican Republic higher |
Dominican Republic's capital gains tax rate is 25pp higher than South Korea's (25% vs 0%). The 175-country average is 10.3%: Dominican Republic sits above it, South Korea sits 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.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 25% | Source: Dirección General de Impuestos Internos (DGII) — Consulta 6, Tratamiento fiscal para las criptomonedas · as of 2021-12-23 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Income determination — Income from virtual assets) · as of 2026-06-04 |
| Difference | +25 pp | Dominican Republic higher |
Dominican Republic's crypto tax rate is 25pp higher than South Korea's (25% vs 0%). The 88-country average is 13%: Dominican Republic sits above it, South Korea sits below it. Dominican Republic's figure is dated 2021-12-23 and South Korea's 2026-06-04, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 0% | Source: PWC Worldwide Tax Summaries — Dominican Republic (Individual, Other taxes) · as of 2025-12-05 |
| 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 |
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.