South Korea vs Chad
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.
๐น๐ฉ Chad โ Chad Tax System
Chad imposes income tax at progressive rates up to 60% โ 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 Gรฉnรฉrale des Impรดts) administers tax. Political instability limits reform.
South Korea vs Chad: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐ฉ Chad has a higher top income tax rate (6โ45% vs 0โ60%). ๐ฐ๐ท South Korea is more favourable for high earners.
๐ VAT/Sales Tax: Chad has a higher consumption tax (10% vs 18%).
๐ข Corporate Tax: ๐ฐ๐ท South Korea offers a lower corporate rate (24% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐น๐ฉ Chad taxes investment gains at a lower rate (35% vs 45%), benefiting investors.