WorldTax CompareAll Comparisons

South Korea vs Austria
Tax Rate Comparison

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

🇰🇷 South Korea
vs
🇦🇹 Austria
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
0–55%
55% top bracket; bracket creep relief measures
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
10%
Standard 10% maintained
No change
10–20%
Standard 20% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
9–24%
Competitiveness discussions vs global peers
No change
21%
Reduction to 21% taking effect 2026 (from 23%)
-2.0pp vs 2025

Capital Gains Tax

Capital Gains Tax
0–45%
Financial income taxation reform continuing
No change
27.5%
KESt flat rate unchanged
No change

Social Security & Payroll

Social Security / Payroll
~18.5%
Contribution rates stable; pension reform discussion
No change
~41.5%
Contribution ceiling raised; health costs increasing
+0.5pp 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.

🇦🇹 AustriaMunicipal & Church Taxes

Austria's 9 Bundesländer (states) do not set separate income tax rates — this is federal. However, municipalities levy Kommunalsteuer (municipal payroll tax) at 3% on wages paid by employers, and a Dienstgeberabgabe (employer levy). Church tax (Kirchenbeitrag) is compulsory for registered Catholics at ~1% of income. Vienna and other large cities have additional levies. Property tax (Grundsteuer) rates are set by municipalities within federal parameters.

⚠️ 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 Austria: Key Tax Differences (2026)

💰 Income Tax: 🇦🇹 Austria has a higher top income tax rate (6–45% vs 0–55%). 🇰🇷 South Korea is more favourable for high earners.

🛒 VAT/Sales Tax: Austria has a higher consumption tax (10% vs 10–20%).

🏢 Corporate Tax: 🇦🇹 Austria offers a lower corporate rate (21% vs 24%), which can influence business location decisions.

📈 Capital Gains: 🇦🇹 Austria taxes investment gains at a lower rate (27.5% vs 45%), benefiting investors.

Related Comparisons

🇰🇷 South Korea vs 🇦🇺 AustraliaTax comparison🇰🇷 South Korea vs 🇨🇦 CanadaTax comparison🇰🇷 South Korea vs 🇨🇳 ChinaTax comparison🇰🇷 South Korea vs 🇩🇪 GermanyTax comparison🇰🇷 South Korea vs 🇭🇰 Hong KongTax comparison🇰🇷 South Korea vs 🇮🇳 IndiaTax comparison🇰🇷 South Korea vs 🇯🇵 JapanTax comparison🇰🇷 South Korea vs 🇳🇿 New ZealandTax comparison🇰🇷 South Korea vs 🇸🇬 SingaporeTax comparison🇰🇷 South Korea vs 🇹🇼 TaiwanTax comparison🇰🇷 South Korea vs 🇬🇧 United KingdomTax comparison🇰🇷 South Korea vs 🇺🇸 United StatesTax comparison
All 🇰🇷 South Korea comparisons →All 🇦🇹 Austria comparisons →