Antigua and Barbuda vs South Korea
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.
๐ฆ๐ฌ Antigua and Barbuda โ Antigua & Barbuda Tax System
Antigua and Barbuda has no personal income tax โ abolished in 1976. Revenue comes from a 15% VAT, property taxes, and trade duties. The country operates a Citizenship by Investment programme attractive to HNWIs. Offshore financial services and tourism dominate. A member of CARICOM and OECS.
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.
Antigua and Barbuda vs South Korea: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฐ๐ท South Korea has a higher top income tax rate (0% vs 6โ45%). ๐ฆ๐ฌ Antigua and Barbuda is more favourable for high earners.
๐ VAT/Sales Tax: Antigua and Barbuda has a higher consumption tax (15% vs 10%).
๐ข Corporate Tax: ๐ฐ๐ท South Korea offers a lower corporate rate (24% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ฆ๐ฌ Antigua and Barbuda taxes investment gains at a lower rate (0% vs 45%), benefiting investors.