Togo vs South Korea
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
🇹🇬 Togo — Togo Tax System
Togo has a progressive income tax up to 45%. TVA is 18%. The Office Togolais des Recettes (OTR) merged tax and customs administration in 2013. Phosphate exports are a key revenue source. The Port of Lomé is an important transit hub for landlocked Sahel countries. Togo has been pursuing digital tax reforms and e-invoicing since 2020.
🇰🇷 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.
Togo vs South Korea: Key Tax Differences (2026)
💰 Income Tax: Togo and South Korea have similar top income tax rates (0–45% vs 6–45%).
🛒 VAT/Sales Tax: Togo has a higher consumption tax (18% vs 10%).
🏢 Corporate Tax: 🇰🇷 South Korea offers a lower corporate rate (24% vs 27%), which can influence business location decisions.
📈 Capital Gains: 🇹🇬 Togo taxes investment gains at a lower rate (27% vs 45%), benefiting investors.