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- South Korea 2023
Country-year
South Korea 2023
26.5 %Combined corporate income tax rate
14.6 %Tax revenue, % of GDP
Facts
- Combined corporate income tax rate
- 26.5 %
- Tax revenue, % of GDP
- 14.6 %
- Country
- South Korea
- Year
- 2023
- Corporate income tax rate, central government
- 24.0 %
- Corporate income tax rate, sub-central
- 2.5 %
- Central CIT rate net of sub-central deduction
- 24.0 %
- Taxes on income, profits and capital gains, % of revenue
- 57.1 %
- Taxes on goods and services, % of value added
- 4.9 %
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)