KN · AmericasKR · Asia
Saint Kitts and Nevis vs South Korea: tax rates compared
South Korea has an income tax rate of 49.5%, 49.5pp above Saint Kitts and Nevis's 0%. The 200-country average is 28%: Saint Kitts and Nevis sits below it, South Korea sits above it. Saint Kitts and Nevis's figure is dated 2017-12-31 and South Korea's 2025-01-01, so the two rates come from different data vintages.
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 | KN | KR | Difference |
|---|---|---|---|
| Income Tax | 0% | 49.5% | KR +49.5 pplargest gap |
| Corporate Tax | 33% | 26.4% | KN +6.6 pp |
| VAT | 17% | 10% | KN +7 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Saint Kitts and Nevis | 0% | Source: Laws of Saint Christopher and Nevis — Income Tax Act, Cap. 20.22, Section 3 · as of 2017-12-31 |
| South Korea | 49.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −49.5 pp | South Korea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Saint Kitts and Nevis | 33% | 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 | +6.6 pp | Saint Kitts and Nevis higher |
Saint Kitts and Nevis has a corporate tax rate of 33%, 6.6pp above South Korea's 26.4%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Saint Kitts and Nevis | 17% | Source: Saint Kitts and Nevis Inland Revenue Department · 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 | +7 pp | Saint Kitts and Nevis higher |
Saint Kitts and Nevis has a VAT rate of 17%, 7pp above South Korea's 10%. The 181-country average is 15%: Saint Kitts and Nevis sits above it, South Korea sits below it. Saint Kitts and Nevis'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 |
|---|---|---|
| Saint Kitts and Nevis | 0% | Source: Laws of Saint Christopher and Nevis — Income Tax Act, Cap. 20.22, Section 3(2)-(3) · as of 2017-12-31 |
| 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 |
Saint Kitts and Nevis and South Korea share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Saint Kitts and Nevis's figure is dated 2017-12-31 and South Korea's 2026-07-02, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Saint Kitts and Nevis | 0% | Source: Laws of Saint Christopher and Nevis — Income Tax Act, Cap. 20.22, Section 3 · as of 2017-12-31 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Income determination — Income from virtual assets) · as of 2026-06-04 |
| Difference | 0 pp | displayed rates match |
Saint Kitts and Nevis and South Korea share the same crypto tax rate: 0%. The 88-country average is 13%: both sit below it. Saint Kitts and Nevis's figure is dated 2017-12-31 and South Korea's 2026-06-04, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Saint Kitts and Nevis | 0% | Source: Saint Kitts and Nevis Inland Revenue Department — Types of Revenue · as of 2026-07-18 |
| 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 |
Saint Kitts and Nevis and South Korea share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.