WorldTax CompareAll Comparisons

South Korea vs Angola
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇰🇷 South Korea
vs
🇦🇴 Angola
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
6–45%
Stable; political debate on top rate reduction
No change
0–25%
25% top; diversification from oil driving non-oil tax expansion
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
10%
Standard 10% maintained
No change
14%
14% IVA stable
No change

Corporate Tax Rate

Corporate Tax Rate
9–24%
Competitiveness discussions vs global peers
No change
25%
25%; oil sector fiscal renegotiation
No change

Capital Gains Tax

Capital Gains Tax
0–45%
Financial income taxation reform continuing
No change
15%
15% maintained
No change

Social Security & Payroll

Social Security / Payroll
~18.5%
Contribution rates stable; pension reform discussion
No change
~11%
INSS reform continuing
No change
State, Regional & Local Taxes

🇰🇷 South KoreaLocal 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.

🇦🇴 AngolaProvincial & Municipal Taxes

Angola's 18 provinces have provincial governments that collect local taxes including property rates, business activity fees, and vehicle taxes. The Agência Geral Tributária (AGT) administers all national taxes. Angola is sub-Saharan Africa's second-largest oil producer; petroleum revenues have historically dominated the budget. Significant reform has occurred since 2018 under President Lourenço — VAT was introduced in 2019, replacing the consumption tax, and income tax compliance has improved substantially. Diamond mining is the other major extractive sector.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

South Korea vs Angola: Key Tax Differences (2026)

💰 Income Tax: 🇰🇷 South Korea has a higher top income tax rate (6–45% vs 0–25%). 🇦🇴 Angola is more favourable for high earners.

🛒 VAT/Sales Tax: Angola has a higher consumption tax (10% vs 14%).

🏢 Corporate Tax: 🇰🇷 South Korea offers a lower corporate rate (24% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇦🇴 Angola taxes investment gains at a lower rate (15% vs 45%), benefiting investors.

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