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Sales Tax Rate in South Korea

Sales Tax Data in South Korea

Indicator Data Period
Sales Tax Rate 10 % 2021


Latest data on Sales Tax Rate (%)

Sales Tax Rate
                     South Korea - Historical Data (%)

What is Sales Tax Rate in South Korea?

  • Sales Tax Rate in South Korea remained unchanged at 10 % in 2021. The maximum rate was 10 % and minimum was 10 %.
  • Data published Yearly by National Tax Service.

Historical Data (%) by years

Data
Period
Date
10 2021 09.02.2021
10 2020 04.02.2020
10 2019 22.01.2019
10 2018 11.01.2018
10 2016 11.08.2017
10 2015 31.12.2015
10 2014 31.12.2014
10 2013 31.12.2013


Historical Chart by presidents (%)

Sales Tax Rate in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 10.0000 10.0000 10.0000 10.0000 0.00%
Park Geun-hye 25.02.2013 - 10.05.2017 10.0000 10.0000 10.0000 10.0000 0.00%
Lee Myung-bak 25.02.2008 - 25.02.2013 10.0000 10.0000 10.0000 10.0000 0.00%
Roh Moo-hyun 25.02.2003 - 25.02.2008 10.0000 10.0000 10.0000 10.0000 0.00%

Other taxes in South Korea

Index Updated Actual Previous
Corporate Tax Rate 2022 27.5 % 27.5
Personal Income Tax Rate 2021 45 % 42
Social Security Rate 2021 19.24 % 18.94

Sales Tax Rate in other countries

Country Updated Actual Previous
Bangladesh 2021 15 % 15
Jordan 2019 16 % 16
Kyrgyzstan 2022 12 % 12
Mongolia 2021 10 % 10
Nepal 2021 15 % 13
Tajikistan 2022 15 % 18
Cambodia 2021 10 % 10
China 2021 13 % 13
Georgia 2022 18 % 18
India 2021 18 % 18
Israel 2021 17 % 17
Pakistan 2021 17 % 17
South Korea 2021 10 % 10
Taiwan 2021 5 % 5
Vietnam 2021 10 % 10
Armenia 2019 20 % 20
Indonesia 2021 10 % 10
Japan 2021 10 % 10
Kazakhstan 2022 12 % 12
Lebanon 2021 11 % 11
Malaysia 2021 10 % 10
Philippines 2021 12 % 12
Singapore 2021 7 % 7
Sri Lanka 2021 8 % 8
Thailand 2021 7 % 7
Oman 2021 5 % 0
Iran 2021 8 % 8
Laos 2021 10 % 10
Azerbaijan 2022 18 % 18
Saudi Arabia 2021 15 % 15
Bahrain 2021 5 % 5
North Korea 2020 15 % 15
United Arab Emirates 2022 5 % 5
Yemen 2021 5 % 5
Turkmenistan 2022 15 % 15
Uzbekistan 2022 15 % 15
Afghanistan 2021 10 % 10
Bhutan 2021 50 % 50
Mauritius 2021 15 % 15