Czech Republic vs South Korea
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¨πΏ Czech Republic β Municipal Property & Road Taxes
The Czech Republic's 14 regions (kraje) and 6,254 municipalities do not levy independent income taxes β this is nationally set. Municipalities may apply a local coefficient (1β5x) to property tax (daΕ z nemovitΓ½ch vΔcΓ), significantly multiplying the base tax in cities like Prague. Prague applies a coefficient of 4x. Road tax (silniΔnΓ daΕ) applies to business vehicles. The flat tax regime (pauΕ‘Γ‘lnΓ daΕ) simplifies obligations for small self-employed.
π°π· South Korea β 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.
Czech Republic vs South Korea: Key Tax Differences (2026)
π° Income Tax: π°π· South Korea has a higher top income tax rate (15β23% vs 6β45%). π¨πΏ Czech Republic is more favourable for high earners.
π VAT/Sales Tax: Czech Republic has a higher consumption tax (12β21% vs 10%).
π’ Corporate Tax: π¨πΏ Czech Republic offers a lower corporate rate (21% vs 24%), which can influence business location decisions.
π Capital Gains: π¨πΏ Czech Republic taxes investment gains at a lower rate (23% vs 45%), benefiting investors.