South Korea vs Czech Republic
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.
๐จ๐ฟ Czech Republic โ Municipal Property & Road Taxes
The Czech Republic's 14 regions (kraje) and 6,254 municipalities do not levy independent income taxes โ this is nationally set. Municipalities may apply a local coefficient (1โ5x) to property tax (daล z nemovitรฝch vฤcรญ), significantly multiplying the base tax in cities like Prague. Prague applies a coefficient of 4x. Road tax (silniฤnรญ daล) applies to business vehicles. The flat tax regime (pauลกรกlnรญ daล) simplifies obligations for small self-employed.
South Korea vs Czech Republic: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฐ๐ท South Korea has a higher top income tax rate (6โ45% vs 15โ23%). ๐จ๐ฟ Czech Republic is more favourable for high earners.
๐ VAT/Sales Tax: Czech Republic has a higher consumption tax (10% vs 12โ21%).
๐ข Corporate Tax: ๐จ๐ฟ Czech Republic offers a lower corporate rate (21% vs 24%), which can influence business location decisions.
๐ Capital Gains: ๐จ๐ฟ Czech Republic taxes investment gains at a lower rate (23% vs 45%), benefiting investors.