South Korea Salary Tax Calculator (2026)

For an annual gross salary of $100,000, an employee in South Korea pays an effective tax rate of 32.2% and takes home roughly $67,775 per year (income tax, employee social contributions included).

2026 income tax brackets in South Korea

Annual income (KRW)Rate
0 KRW to 14,000,004 KRW6%
14,000,004 KRW to 50,000,004 KRW15%
50,000,004 KRW to 87,999,996 KRW24%
87,999,996 KRW to 150,000,000 KRW35%
150,000,000 KRW to 300,000,000 KRW38%
300,000,000 KRW to 500,000,004 KRW40%
500,000,004 KRW to 999,999,996 KRW42%
999,999,996 KRW and above45%

Tax system: worldwide. Worldwide for residents (≥183 days/yr). Foreign residents with <5yr Korea residence in prior 10yr taxed only on Korea-sourced income + remitted foreign income. Local income surtax 10% of national PIT. Financial income (dividends+interest) below KRW 20M/yr: 14% WHT final; above KRW 20M: added to comprehensive income. No CGT on listed shares for small shareholders. Foreign workers may elect 19% flat rate (Income Tax Act Art. 18-2).

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Last updated: 2026-06-23. Figures are estimates — see our methodology for sources and assumptions.