LB · AsiaKR · Asia
Lebanon vs South Korea: tax rates compared
South Korea's income tax rate is 24.5pp higher than Lebanon's (49.5% vs 25%). The 200-country average is 28%: Lebanon sits below it, South Korea sits above it. Lebanon's figure is dated 2026-07-01 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 | LB | KR | Difference |
|---|---|---|---|
| Income Tax | 25% | 49.5% | KR +24.5 pplargest gap |
| Corporate Tax | 17% | 26.4% | KR +9.4 pp |
| VAT | 11% | 10% | LB +1 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Lebanon | 25% | Source: PWC Worldwide Tax Summaries — Lebanon (Individual, Taxes on personal income) · as of 2026-07-01 |
| 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 |
|---|---|---|
| Lebanon | 17% | 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 | −9.4 pp | South Korea higher |
South Korea's corporate tax rate is 9.4pp higher than Lebanon's (26.4% vs 17%). The 201-country average is 22.6%: Lebanon sits below it, South Korea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Lebanon | 11% | Source: PWC Worldwide Tax Summaries — Lebanon (Corporate, Other taxes) · as of 2026-07-01 |
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Difference | +1 pp | Lebanon higher |
Lebanon's VAT rate is 1pp higher than South Korea's (11% vs 10%). The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Lebanon | 0% | Source: PWC Worldwide Tax Summaries — Lebanon (Individual, Income determination) · as of 2026-07-01 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
Lebanon's capital gains tax rate is identical to South Korea's — both sit at 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Lebanon | 0% | Source: PWC Worldwide Tax Summaries — Lebanon (Individual, Other taxes) · as of 2026-07-01 |
| 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 |
Lebanon'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.