South Korea vs Comoros
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.
๐ฐ๐ฒ Comoros โ Comoros Tax System
The Comoros Islands have progressive income tax up to 30%. TVA is 10%. The economy is very small and among Africa's poorest, reliant on ylang-ylang exports, cloves, and remittances. Political instability (the country has had over 20 coups or coup attempts) hampers governance. President Azali Assoumani consolidated power after a controversial 2018 constitutional referendum.
South Korea vs Comoros: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฐ๐ท South Korea has a higher top income tax rate (6โ45% vs 0โ30%). ๐ฐ๐ฒ Comoros is more favourable for high earners.
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (10% vs 10%).
๐ข Corporate Tax: ๐ฐ๐ท South Korea offers a lower corporate rate (24% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐ฐ๐ฒ Comoros taxes investment gains at a lower rate (30% vs 45%), benefiting investors.