South Korea vs Egypt
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.
๐ช๐ฌ Egypt โ Local Administration & Governorate Taxes
Egypt's 27 governorates do not levy separate income taxes โ this is set at the national level. However, local authorities collect fees and levies for commercial activities, signage, and property. The Real Estate Tax is nationally administered with locally assessed values. Stamp duties apply to various commercial transactions. The government has been expanding the tax base and improving compliance through mandatory e-invoicing (since 2020 for large taxpayers, progressively expanded).
South Korea vs Egypt: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฐ๐ท South Korea has a higher top income tax rate (6โ45% vs 0โ27.5%). ๐ช๐ฌ Egypt is more favourable for high earners.
๐ VAT/Sales Tax: Egypt has a higher consumption tax (10% vs 14%).
๐ข Corporate Tax: ๐ช๐ฌ Egypt offers a lower corporate rate (22.5% vs 24%), which can influence business location decisions.
๐ Capital Gains: ๐ช๐ฌ Egypt taxes investment gains at a lower rate (10% vs 45%), benefiting investors.