What are the global income tax rates?

The global income tax rates for income attributable to 2023-2025, as published by the National Tax Service, are 8 progressive brackets ranging from 6% for a tax base of KRW 14 million or less to 45% for a tax base over KRW 1 billion.

For example, the bracket over KRW 50 million up to KRW 88 million is taxed at 24%, and the bracket over KRW 150 million up to KRW 300 million at 38%. Local income tax is added separately; check the rates for each attribution year on the National Tax Service website.