Tax Base | Tax Rate (Attributable to 2016) |
Tax Rate (Attributable to 2017) |
Note |
---|---|---|---|
Up to 12 million won | 6% | 6% | |
Over 12 million won-46 million won |
15% | 15% | |
Over 46 million won-88 million won |
24% | 24% | |
Over 88 million won-150 million won |
35% | 35% | |
Over 150 million won | 38% | - | |
150 million won-500 million won |
- | 38% | Applicable from 2018 |
Over 500 million won | - | 40% |