ICAEW.com works better with JavaScript enabled.

Taxation in South Korea

Look up tax rates, the latest tax news and information on double taxation treaties with our specialist online resources, guides and useful links.

Looking for more information on South Korea? Our country resources provide accounting guides, economic forecasts, profiles and guides to doing business.

What's on this page?

  • Tax treaties
  • Tax news and developments
  • Tax rates and guides
  • Surveys and analyses
  • Articles and books from the Library

Contact the Library

Expert help for your enquiries and research.

E  library@icaew.com
T  +44 (0)20 7920 8620
F  +44 (0)20 7920 8621

Tax treaties

We maintain a collection of worldwide double tax treaties in English (and other languages where available) to assist members with their enquiries. If you are having difficulty locating a treaty, please call the enquiry team on +44 (0)20 7920 8620 or email us at library@icaew.com.

Other resources

Tax treaties in force
A–Z listing by country produced by HMRC with selected links to UK treaties, protocols and explanatory memoranda. An A–Z listing by country of Statutory Instrument numbers for double taxation treaties is also available.

Tax news and developments

A selection of articles reporting on tax news and developments are available from Asia-Pacific Focus (BNA) and the Business Source Corporate database. Access to articles is provided subject to publishers' terms of use.

Articles are available to logged-in ICAEW members, ACA students and other entitled users.

Other resources

TaxNewsFlash: Asia Pacific
KPMG provides a bulletin summarising the latest tax developments in the region.

Tax rates and guides

We provide a selection of reports and databases giving the latest tax rates and guidance. Historic tax rates may also be available – please contact us with your requests and we will advise you on the information we can supply. Access to articles is provided subject to suppliers' terms of use.

Articles are available to logged-in ICAEW members, ACA students and other entitled users.

Other sources

Korea Tax Guide
Regularly updated overview of personal and corporate taxation from PKF International.

Korea Tax Profile
Summary of the local tax environment published by KPMG, last updated in March 2013. Sections cover:

  • corporate income tax
  • income tax treaties for the avoidance of double taxation
  • indirect tax
  • personal taxation
  • other taxes
  • free trade agreements
  • the tax authority.

Expatriate tax ebook: Korea
Overview from Grant Thornton of the tax system for expatriates taking up employment in Korea.

Taxation and investment in Korea
Regularly updated guide from Deloitte focusing on the investment climate and tax regime in this country. Last updated in 2013.

2014 worldwide corporate tax guide: South Korea
A summary of the corporate tax regime in South Korea compiled by EY. Information includes:

  • taxes on corporate income and gains
  • determination of trading income
  • other significant taxes
  • treaty withholding tax rates.

2014 worldwide VAT, GST and sales tax guide: South Korea
A summary of the value-added tax, goods and services tax and sales tax system in South Korea compiled by EY. Information includes:

  • who is liable
  • tax rates
  • time of supply
  • recovery of tax
  • invoicing
  • tax returns and payment.

2013 international estate and inheritance tax guide: South Korea
A summary of the estate tax planning system in South Korea compiled by EY. Information includes:

  • who is liable
  • rates
  • exemptions and reliefs
  • filing procedures.

Surveys and analyses

We have access to the following databases, which provide country analyses for taxation in South Korea:

  • Asia Pacific - Taxation and Investment
  • Transfer Pricing Database
  • Mergers and Acquisitions
  • Intellectual Property Taxation.

Information from these databases can be accessed in person by visitors to the Library or provided remotely by post, fax or email through our document supply service within the terms of the licences held by the LIS.

Articles and books in the Library collection

Additional information on taxation in this country may appear in general works which do not appear in this list. If you need assistance identifying the material available, please contact the enquiry team.

To find out how you can borrow books from the Library please see our guide to book loans. You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by fax on +44 (0)20 7920 8621 or by email at library@icaew.com.

ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.