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Sir John Hawkins
Joined: 07 Nov 2008 Location: Ulsan, SK
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Posted: Thu Nov 13, 2008 6:53 pm Post subject: Taxes? |
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How much are the monthly taxes for foreigners? |
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ttompatz

Joined: 05 Sep 2005 Location: Kwangju, South Korea
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Posted: Thu Nov 13, 2008 7:35 pm Post subject: Re: Taxes? |
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Sir John Hawkins wrote: |
How much are the monthly taxes for foreigners? |
It depends on how much you make and what your deductions (dependents) are.
It is a sliding scale and is ABOUT 1.7% for your average teacher with a salary of about 2.2 million.
It goes up to just over 3% for someone earning 3 million with no dependents.
http://www.nts.go.kr/
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