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South Korea vs Argentina
Tax Rate Comparison

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

🇰🇷 South Korea
vs
🇦🇷 Argentina
Tax Year:

💰 Personal Income Tax Calculator

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

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
6–45%
Stable; political debate on top rate reduction
No change
5–35%
Ganancias reform stabilizing; indexation to inflation adjustment
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
10%
Standard 10% maintained
No change
10.5–21%
21% standard; no rate change expected
No change

Corporate Tax Rate

Corporate Tax Rate
9–24%
Competitiveness discussions vs global peers
No change
25–35%
RIGI (large investment regime) offers reduced rates for qualifying projects
No change

Capital Gains Tax

Capital Gains Tax
0–45%
Financial income taxation reform continuing
No change
15%
15% cedular; no major reform expected
No change

Social Security & Payroll

Social Security / Payroll
~18.5%
Contribution rates stable; pension reform discussion
No change
~42%
Labour flexibility reforms reducing some contributions
-2.0pp vs 2025
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.

🇦🇷 ArgentinaProvincial & Municipal Taxes

Argentina's 23 provinces and CABA each levy their own Ingresos Brutos (gross receipts tax) at 1%–8%, one of the most distortive taxes in the system. Municipalities add tasas (fees/rates) on commercial activity. Property taxes (inmobiliario) are provincial. The national IIBB cascades through supply chains, raising effective business costs significantly. Buenos Aires province has higher rates than interior provinces. Frequent tax amnesties and complex withholding regimes add compliance burden.

⚠️ 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 Argentina: Key Tax Differences (2026)

💰 Income Tax: 🇰🇷 South Korea has a higher top income tax rate (6–45% vs 5–35%). 🇦🇷 Argentina is more favourable for high earners.

🛒 VAT/Sales Tax: Argentina has a higher consumption tax (10% vs 10.5–21%).

🏢 Corporate Tax: 🇰🇷 South Korea offers a lower corporate rate (24% vs 35%), which can influence business location decisions.

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

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