Chad vs South Korea
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πΉπ© Chad β Chad Tax System
Chad imposes income tax at progressive rates up to 60% β one of the highest nominal rates in Africa, though rarely collected at top rates due to widespread informality. Oil revenue has historically subsidized the budget; declining production since 2003 has created fiscal stress. DGI (Direction GΓ©nΓ©rale des ImpΓ΄ts) administers tax. Political instability limits reform.
π°π· South Korea β Local Income Tax & Resident Tax
South Korea's 17 metropolitan/provincial governments levy local income tax at 10% of national income tax. Property holding tax (Jongbu-se) is a national progressive tax on higher-value properties. Local education taxes and acquisition taxes apply to property transfers. Seoul has higher effective rates due to property values.
Chad vs South Korea: Key Tax Differences (2026)
π° Income Tax: πΉπ© Chad has a higher top income tax rate (0β60% vs 6β45%). π°π· South Korea is more favourable for high earners.
π VAT/Sales Tax: Chad has a higher consumption tax (18% vs 10%).
π’ Corporate Tax: π°π· South Korea offers a lower corporate rate (24% vs 35%), which can influence business location decisions.
π Capital Gains: πΉπ© Chad taxes investment gains at a lower rate (35% vs 45%), benefiting investors.