WorldTax CompareAll Comparisons

South Korea vs Oman
Tax Rate Comparison

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

🇰🇷 South Korea
vs
🇴🇲 Oman
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
0%
No personal income tax
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
10%
Standard 10% maintained
No change
5%
5% maintained; Vision 2040 diversification
No change

Corporate Tax Rate

Corporate Tax Rate
9–24%
Competitiveness discussions vs global peers
No change
15%
15% maintained
No change

Capital Gains Tax

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

Social Security & Payroll

Social Security / Payroll
~18.5%
Contribution rates stable; pension reform discussion
No change
~21.5%
PASI reform to improve adequacy
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.

🇴🇲 OmanGovernorate Fees & Levies

Oman's 11 governorates do not levy independent income or corporate taxes. The Tax Authority (OTA) administers national taxes centrally. Municipalities collect commercial registration fees and municipal development levies. Social protection (PASI) for Omani nationals is nationally administered. Oman introduced corporate income tax on foreign companies in the 1970s and has been expanding its tax base since the 2017 fiscal consolidation to reduce oil dependence. VAT was introduced in 2021.

⚠️ 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 Oman: Key Tax Differences (2026)

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

🛒 VAT/Sales Tax: South Korea has a higher consumption tax (10% vs 5%).

🏢 Corporate Tax: 🇴🇲 Oman offers a lower corporate rate (15% vs 24%), which can influence business location decisions.

📈 Capital Gains: 🇴🇲 Oman taxes investment gains at a lower rate (0% vs 45%), benefiting investors.

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