TaxGlass

IE · Europe ↔ KR · Asia

Ireland vs South Korea: tax rates compared

Between the two, South Korea's income tax rate (49.5%) tops Ireland's (48%) by 1.5pp. The 37-country average is 43.2%: both sit above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Income Tax

0102030405060World avg 43.2%IE 48%KR 49.5%
Income Tax, side by side
CountryRateSource
Ireland48%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
South Korea49.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−1.5 ppSouth Korea higher

Corporate Tax

0102030405060World avg 22.6%IE 12.5%KR 26.4%
Corporate Tax, side by side
CountryRateSource
Ireland12.5%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−13.9 ppSouth Korea higherlargest gap on this page

Between the two, South Korea's corporate tax rate (26.4%) tops Ireland's (12.5%) by 13.9pp. The 201-country average is 22.6%: Ireland sits below it, South Korea sits above it.

VAT

0102030405060World avg 19.5%IE 23%KR 10%
VAT, side by side
CountryRateSource
Ireland23%Source: PWC Worldwide Tax Summaries — Ireland (Corporate, Other taxes) · as of 2026-03-06
South Korea10%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04
Difference+13 ppIreland higher

Between the two, Ireland's VAT rate (23%) tops South Korea's (10%) by 13pp. The 37-country average is 19.5%: Ireland sits above it, South Korea sits below it.

Wealth Tax

0102030405060World avg 0.1%IE 0%KR 0%
Wealth Tax, side by side
CountryRateSource
Ireland0%Source: PWC Worldwide Tax Summaries — Ireland (Individual, Other taxes) · as of 2026-03-06
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

There's no gap here — Ireland and South Korea both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.