KR · AsiaCH · Europe

South Korea vs Switzerland: tax rates compared

Between the two, South Korea's income tax rate (49.5%) tops Switzerland's (41.4%) by 8.1pp. The 200-country average is 28%: both sit 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

0102030405060Income41.4%49.5%Corporate19.6%26.4%VAT8.1%10%Capital Gains0%Crypto0%Wealth Tax0%0.9%
six shared taxes, side by side
Tax KR CHDifference
Income Tax49.5%41.4%KR +8.1 pplargest gap
Corporate Tax26.4%19.6%KR +6.8 pp
VAT10%8.1%KR +1.9 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match
Wealth Tax0%0.9%CH +0.9 pp

Income Tax

Income Tax, side by side
CountryRateSource
South Korea49.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Switzerland41.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+8.1 ppSouth Korea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
South Korea26.4%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Switzerland19.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+6.8 ppSouth Korea higher

Between the two, South Korea's corporate tax rate (26.4%) tops Switzerland's (19.6%) by 6.8pp. The 201-country average is 22.6%: South Korea sits above it, Switzerland sits below it.

VAT

VAT, side by side
CountryRateSource
South Korea10%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04
Switzerland8.1%Source: PWC Worldwide Tax Summaries — Switzerland (Corporate, Other taxes) · as of 2026-07-01
Difference+1.9 ppSouth Korea higher

Between the two, South Korea's VAT rate (10%) tops Switzerland's (8.1%) by 1.9pp. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02
Switzerland0%Source: PWC Worldwide Tax Summaries — Switzerland (Individual, Income determination) · as of 2026-07-01
Difference0 ppdisplayed rates match

There's no gap here — South Korea and Switzerland both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Income determination — Income from virtual assets) · as of 2026-06-04
Switzerland0%Source: Swiss Federal Tax Administration (ESTV) — Kryptowährungen: Besteuerung · as of 2026-07-06
Difference0 ppdisplayed rates match

There's no gap here — South Korea and Switzerland both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02
Switzerland0.9%Source: République et Canton de Genève, Administration fiscale cantonale — Barèmes 2025 pour les impôts sur le revenu et la fortune · as of 2025-01-01
Difference−0.9 ppSwitzerland higher

Between the two, Switzerland's wealth tax rate (0.9%) tops South Korea's (0%) by 0.9pp. The 193-country average is 0.1%: South Korea sits below it, Switzerland sits above it. South Korea's figure is dated 2026-07-02 and Switzerland's 2025-01-01, so the two rates come from different data vintages.