South Korea - Taxes On Income, Profits And Capital Gains (% Of Revenue)

Taxes on income, profits and capital gains (% of revenue) in South Korea was reported at 30.4 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - Taxes on income, profits and capital gains (% of revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2024.

South Korea - Taxes On Income, Profits And Capital Gains (% Of Revenue)
Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

South Korea | World Bank Development Indicators