KR · AsiaTN · Africa

South Korea vs Tunisia: tax rates compared

Between the two, South Korea's income tax rate (49.5%) tops Tunisia's (40%) by 9.5pp. The 200-country average is 28%: 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.

At a glance

0102030405060Income40%49.5%Corporate20%26.4%VAT10%19%Wealth Tax0%1%
four shared taxes, side by side
Tax KR TNDifference
Income Tax49.5%40%KR +9.5 pplargest gap
Corporate Tax26.4%20%KR +6.4 pp
VAT10%19%TN +9 pp
Wealth Tax0%1%TN +1 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
Tunisia40%Source: PWC Worldwide Tax Summaries — Tunisia (Individual, Taxes on personal income) · as of 2025-01-01
Difference+9.5 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
Tunisia20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+6.4 ppSouth Korea higher

Between the two, South Korea's corporate tax rate (26.4%) tops Tunisia's (20%) by 6.4pp. The 201-country average is 22.6%: South Korea sits above it, Tunisia 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
Tunisia19%Source: PWC Worldwide Tax Summaries — Tunisia (Corporate, Other taxes) · as of 2026-06-29
Difference−9 ppTunisia higher

Between the two, Tunisia's VAT rate (19%) tops South Korea's (10%) by 9pp. The 181-country average is 15%: South Korea sits below it, Tunisia sits above 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
Tunisia1%Source: PWC Worldwide Tax Summaries — Tunisia (Individual, Other taxes) · as of 2026-06-29
Difference−1 ppTunisia higher

Between the two, Tunisia's wealth tax rate (1%) tops South Korea's (0%) by 1pp. The 193-country average is 0.1%: South Korea sits below it, Tunisia sits above it.

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