KR · AsiaUA · Europe
South Korea vs Ukraine: tax rates compared
South Korea's income tax rate is 31.5pp higher than Ukraine's (49.5% vs 18%). The 200-country average is 28%: South Korea sits above it, Ukraine sits below it. South Korea's figure is dated 2025-01-01 and Ukraine's 2026-06-30, 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 | KR | UA | Difference |
|---|---|---|---|
| Income Tax | 49.5% | 18% | KR +31.5 pplargest gap |
| Corporate Tax | 26.4% | 18% | KR +8.4 pp |
| VAT | 10% | 20% | UA +10 pp |
| Capital Gains Tax | 0% | 18% | UA +18 pp |
| Crypto Tax | 0% | 18% | UA +18 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| South Korea | 49.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Ukraine | 18% | Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Taxes on personal income) · as of 2026-06-30 |
| Difference | +31.5 pp | South Korea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| South Korea | 26.4% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Ukraine | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +8.4 pp | South Korea higher |
South Korea's corporate tax rate is 8.4pp higher than Ukraine's (26.4% vs 18%). The 201-country average is 22.6%: South Korea sits above it, Ukraine sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Ukraine | 20% | Source: PWC Worldwide Tax Summaries — Ukraine (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −10 pp | Ukraine higher |
Ukraine's VAT rate is 10pp higher than South Korea's (20% vs 10%). The 181-country average is 15%: South Korea sits below it, Ukraine sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Ukraine | 18% | Source: PWC Worldwide Tax Summaries — Capital gains tax (CGT) rates (quick chart, Ukraine individual row) · as of 2026-06-30 |
| Difference | −18 pp | Ukraine higher |
Ukraine's capital gains tax rate is 18pp higher than South Korea's (18% vs 0%). The 175-country average is 10.3%: South Korea sits below it, Ukraine sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Income determination — Income from virtual assets) · as of 2026-06-04 |
| Ukraine | 18% | Source: State Tax Service of Ukraine, Odesa Oblast — official explainer on personal income tax and military levy taxation of individual income from cryptocurrency transactions · as of 2024-07-18 |
| Difference | −18 pp | Ukraine higher |
Ukraine's crypto tax rate is 18pp higher than South Korea's (18% vs 0%). The 88-country average is 13%: South Korea sits below it, Ukraine sits above it. South Korea's figure is dated 2026-06-04 and Ukraine's 2024-07-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02 |
| Ukraine | 0% | Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Other taxes) · as of 2026-06-30 |
| Difference | 0 pp | displayed rates match |
South Korea's wealth tax rate is identical to Ukraine's — both sit at 0%. The 193-country average is 0.1%: both sit below it.