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What is the tax rate in Korea?

 
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pangaea



Joined: 20 Dec 2007

PostPosted: Sun Nov 13, 2011 4:26 am    Post subject: What is the tax rate in Korea? Reply with quote

What is the standard tax rate in Korea? I am filing taxes but I have no information from my employer on what I paid in taxes last year. If I know the tax rate, I can probably make a good estimate.
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T-J



Joined: 10 Oct 2008
Location: Seoul EunpyungGu Yeonsinnae

PostPosted: Sun Nov 13, 2011 4:43 am    Post subject: Reply with quote


Google is your friend...


http://www.taxrates.cc/html/south-korea-tax-rates.html
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pangaea



Joined: 20 Dec 2007

PostPosted: Sun Nov 13, 2011 5:06 am    Post subject: Reply with quote

What is the rate that comes out of a person's pay check each month? That is what I am looking for so I can compare it to my bank book and get a good estimate. Is it something like 3%?
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uklathemock



Joined: 26 Dec 2009

PostPosted: Sun Nov 13, 2011 10:50 pm    Post subject: Reply with quote

pangaea wrote:
What is the rate that comes out of a person's pay check each month? That is what I am looking for so I can compare it to my bank book and get a good estimate. Is it something like 3%?


Depends on your income.
http://www.nts.go.kr/eng/help/help_01.asp?top_code=H001&sub_code=HS01&ssub_code=HSA1
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