South Korea vs Slovakia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇰🇷 South Korea — 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.
🇸🇰 Slovakia — Municipal Property & Business Taxes
Slovakia's 79 districts and 2,927 municipalities have limited taxing powers. Municipalities set property tax (daň z nehnuteľností) within nationally defined limits and may apply local coefficients. Commercial property tax in Bratislava is higher than rural areas. Vehicle tax is set regionally. A local fee for municipal waste applies. Slovakia uses a progressive income tax system since abandoning its flat 19% rate in 2013. The 15% CIT rate for SMEs is one of the EU's most competitive.
South Korea vs Slovakia: Key Tax Differences (2026)
💰 Income Tax: 🇰🇷 South Korea has a higher top income tax rate (6–45% vs 19–25%). 🇸🇰 Slovakia is more favourable for high earners.
🛒 VAT/Sales Tax: Slovakia has a higher consumption tax (10% vs 5–20%).
🏢 Corporate Tax: 🇸🇰 Slovakia offers a lower corporate rate (21% vs 24%), which can influence business location decisions.
📈 Capital Gains: 🇸🇰 Slovakia taxes investment gains at a lower rate (25% vs 45%), benefiting investors.