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Netherlands vs South Korea: tax rates compared

Netherlands and South Korea share the same income tax rate: 49.5%. 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%NL 49.5%KR 49.5%
Income Tax, side by side
CountryRateSource
Netherlands49.5%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
Difference0 ppdisplayed rates match

Corporate Tax

0102030405060World avg 22.6%NL 25.8%KR 26.4%
Corporate Tax, side by side
CountryRateSource
Netherlands25.8%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−0.6 ppSouth Korea higher

South Korea has a corporate tax rate of 26.4%, 0.6pp above Netherlands's 25.8%. The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%NL 21%KR 10%
VAT, side by side
CountryRateSource
Netherlands21%Source: PWC Worldwide Tax Summaries — Netherlands (Corporate, Other taxes) · as of 2026-05-29
South Korea10%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04
Difference+11 ppNetherlands higherlargest gap on this page

Netherlands has a VAT rate of 21%, 11pp above South Korea's 10%. The 37-country average is 19.5%: Netherlands sits above it, South Korea sits below it.

Wealth Tax

0102030405060World avg 0.1%NL 0%KR 0%
Wealth Tax, side by side
CountryRateSource
Netherlands0%Source: Belastingdienst — Box 3 (income from savings and investments) · as of 2025-01-01
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Netherlands and South Korea share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Netherlands's figure is dated 2025-01-01 and South Korea's 2026-07-02, so the two rates come from different data vintages.

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