EE · EuropeKR · Asia
Estonia vs South Korea: tax rates compared
Between the two, South Korea's income tax rate (49.5%) tops Estonia's (22%) by 27.5pp. The 200-country average is 28%: Estonia 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 | EE | KR | Difference |
|---|---|---|---|
| Income Tax | 22% | 49.5% | KR +27.5 pplargest gap |
| Corporate Tax | 22% | 26.4% | KR +4.4 pp |
| VAT | 24% | 10% | EE +14 pp |
| Capital Gains Tax | 22% | 0% | EE +22 pp |
| Crypto Tax | 22% | 0% | EE +22 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Estonia | 22% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| South Korea | 49.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −27.5 pp | South Korea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Estonia | 22% | 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 | −4.4 pp | South Korea higher |
Between the two, South Korea's corporate tax rate (26.4%) tops Estonia's (22%) by 4.4pp. The 201-country average is 22.6%: Estonia sits below it, South Korea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Estonia | 24% | Source: Estonian Tax and Customs Board (EMTA) — Value added tax · as of 2025-07-01 |
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Difference | +14 pp | Estonia higher |
Between the two, Estonia's VAT rate (24%) tops South Korea's (10%) by 14pp. The 181-country average is 15%: Estonia sits above it, South Korea sits below it. Estonia's figure is dated 2025-07-01 and South Korea's 2026-06-04, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Estonia | 22% | Source: PwC Worldwide Tax Summaries — Estonia, Individual - Taxes on personal income · as of 2026-05-29 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Difference | +22 pp | Estonia higher |
Between the two, Estonia's capital gains tax rate (22%) tops South Korea's (0%) by 22pp. The 175-country average is 10.3%: Estonia sits above it, South Korea sits below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Estonia | 22% | Source: Estonian Tax and Customs Board (EMTA) — Crypto-assets · as of 2026-02-15 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Income determination — Income from virtual assets) · as of 2026-06-04 |
| Difference | +22 pp | Estonia higher |
Between the two, Estonia's crypto tax rate (22%) tops South Korea's (0%) by 22pp. The 88-country average is 13%: Estonia sits above it, South Korea sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Estonia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-29 |
| 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 |
There's no gap here — Estonia and South Korea both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.