Russia 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.
๐ท๐บ Russia โ Regional & Municipal Taxes
Russia's 89 federal subjects (regions, republics, territories) set their own rates for the regional corporate income tax share (within federal bounds: regions get 17% of 20% national rate, can reduce to 12.5%). Property tax is regional, vehicle tax is regional, and transport tax varies by region. Municipal taxes are limited: land tax (0.3%โ1.5%) and individual property tax are locally determined within federal parameters. Sanctions have significantly affected the international tax landscape for Russian entities.
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.
Russia vs South Korea: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฐ๐ท South Korea has a higher top income tax rate (13โ22% vs 6โ45%). ๐ท๐บ Russia is more favourable for high earners.
๐ VAT/Sales Tax: Russia has a higher consumption tax (20% 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: ๐ท๐บ Russia taxes investment gains at a lower rate (22% vs 45%), benefiting investors.