Netherlands 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.
๐ณ๐ฑ Netherlands โ Municipal & Water Board Taxes
The Netherlands is a unitary state โ income tax is set nationally. Municipalities levy property taxes (OZB) and water boards (waterschappen) charge annual water management levies. The Box 3 system is under ongoing reform following Supreme Court rulings. New Box 3 reform taxes actual returns from 2027.
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.
Netherlands vs South Korea: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ฑ Netherlands has a higher top income tax rate (9.32โ49.5% vs 6โ45%). ๐ฐ๐ท South Korea is more favourable for high earners.
๐ VAT/Sales Tax: Netherlands has a higher consumption tax (9โ21% vs 10%).
๐ข Corporate Tax: ๐ฐ๐ท South Korea offers a lower corporate rate (24% vs 25.8%), which can influence business location decisions.
๐ Capital Gains: ๐ณ๐ฑ Netherlands taxes investment gains at a lower rate (38% vs 45%), benefiting investors.