EG · AfricaKR · Asia
Egypt vs South Korea: tax rates compared
South Korea's income tax rate is 22pp higher than Egypt's (49.5% vs 27.5%). The 200-country average is 28%: Egypt sits below it, South Korea sits above it. Egypt's figure is dated 2026-02-04 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 | EG | KR | Difference |
|---|---|---|---|
| Income Tax | 27.5% | 49.5% | KR +22 pplargest gap |
| Corporate Tax | 22.5% | 26.4% | KR +3.9 pp |
| VAT | 14% | 10% | EG +4 pp |
| Capital Gains Tax | 10% | 0% | EG +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Egypt | 27.5% | Source: PwC Worldwide Tax Summaries — Egypt, Individual - Taxes on personal income · as of 2026-02-04 |
| South Korea | 49.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −22 pp | South Korea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Egypt | 22.5% | 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 | −3.9 pp | South Korea higher |
South Korea's corporate tax rate is 3.9pp higher than Egypt's (26.4% vs 22.5%). The 201-country average is 22.6%: Egypt sits below it, South Korea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Egypt | 14% | Source: PWC Worldwide Tax Summaries — Egypt (Corporate, Other taxes) · as of 2026-02-04 |
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Difference | +4 pp | Egypt higher |
Egypt's VAT rate is 4pp higher than South Korea's (14% vs 10%). The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Egypt | 10% | Source: PwC Worldwide Tax Summaries — Egypt, Individual - Income determination · as of 2026-02-04 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Difference | +10 pp | Egypt higher |
Egypt's capital gains tax rate is 10pp higher than South Korea's (10% vs 0%). The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Egypt | 0% | Source: PWC Worldwide Tax Summaries — Egypt (Individual, Other taxes) · as of 2026-02-04 |
| 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 |
Egypt'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.
Not covered for both countries yet: Crypto Tax.