South Korea vs Argentina
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฐ๐ท South Korea โ 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.
๐ฆ๐ท Argentina โ Provincial & Municipal Taxes
Argentina's 23 provinces and CABA each levy their own Ingresos Brutos (gross receipts tax) at 1%โ8%, one of the most distortive taxes in the system. Municipalities add tasas (fees/rates) on commercial activity. Property taxes (inmobiliario) are provincial. The national IIBB cascades through supply chains, raising effective business costs significantly. Buenos Aires province has higher rates than interior provinces. Frequent tax amnesties and complex withholding regimes add compliance burden.
South Korea vs Argentina: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฐ๐ท South Korea has a higher top income tax rate (6โ45% vs 5โ35%). ๐ฆ๐ท Argentina is more favourable for high earners.
๐ VAT/Sales Tax: Argentina has a higher consumption tax (10% vs 10.5โ21%).
๐ข Corporate Tax: ๐ฐ๐ท South Korea offers a lower corporate rate (24% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐ฆ๐ท Argentina taxes investment gains at a lower rate (15% vs 45%), benefiting investors.