South Korea: Corporate tax rate

(measure: percent; Source: KPMG)
* indicates monthly or quarterly data series

South Korea: Corporate tax rate

: For that indicator, we provide data for South Korea from 2006 to 2019. The average value for South Korea during that period was 25 percent with a minimum of 22 percent in 2011 and a maximum of 28 percent in 2006. The latest value from 2019 is 25 percent. For comparison, the world average in 2019 based on 164 countries is 23 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: The highest statutory corporate tax rate at central government level. Rates are provided by KPMG member firms.
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