HU · EuropeKR · Asia
Hungary vs South Korea: tax rates compared
South Korea's income tax rate is 34.5pp higher than Hungary's (49.5% vs 15%). The 200-country average is 28%: Hungary 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 | HU | KR | Difference |
|---|---|---|---|
| Income Tax | 15% | 49.5% | KR +34.5 pplargest gap |
| Corporate Tax | 9% | 26.4% | KR +17.4 pp |
| VAT | 27% | 10% | HU +17 pp |
| Capital Gains Tax | 15% | 0% | HU +15 pp |
| Crypto Tax | 15% | 0% | HU +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 15% | 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 | −34.5 pp | South Korea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 9% | 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 | −17.4 pp | South Korea higher |
South Korea's corporate tax rate is 17.4pp higher than Hungary's (26.4% vs 9%). The 201-country average is 22.6%: Hungary sits below it, South Korea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Hungary | 27% | Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31 |
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Difference | +17 pp | Hungary higher |
Hungary's VAT rate is 17pp higher than South Korea's (27% vs 10%). The 181-country average is 15%: Hungary sits above it, South Korea sits below it. Hungary's figure is dated 2025-12-31 and South Korea's 2026-06-04, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 15% | Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Difference | +15 pp | Hungary higher |
Hungary's capital gains tax rate is 15pp higher than South Korea's (15% vs 0%). The 175-country average is 10.3%: Hungary sits above it, South Korea sits below it. Hungary's figure is dated 2025-12-31 and South Korea's 2026-07-02, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 15% | Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Income determination — Income from virtual assets) · as of 2026-06-04 |
| Difference | +15 pp | Hungary higher |
Hungary's crypto tax rate is 15pp higher than South Korea's (15% vs 0%). The 88-country average is 13%: Hungary sits above it, South Korea sits below it. Hungary's figure is dated 2025-12-31 and South Korea's 2026-06-04, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Hungary | 0% | Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31 |
| 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 |
Hungary'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. Hungary's figure is dated 2025-12-31 and South Korea's 2026-07-02, so the two rates come from different data vintages.