South Korea: Indirect tax rate: For that indicator, the KPMG provides data for South Korea from 2006 to 2016. The average value for South Korea during that period was 10 percent with a minumum of 10 percent in 2006 and a maximum of 10 percent in 2006. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: Statutory VAT rates or consumption taxes similar to a VAT. Rates are provided by KPMG member firms.