Summary
If you make 10,465,728 원 a year living in South Korea, you will be taxed 1,226,863 원. That means that your net pay will be 9,238,865 원 per year, or 769,905 원 per month. Your average tax rate is 11.7% and your marginal tax rate is 12.7%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 원 in your salary will be taxed 12.67 원, hence, your net pay will only increase by 87.33 원.
Bonus Example
A 1,000 원 bonus will generate an extra 873 원 of net incomes. A 5,000 원 bonus will generate an extra 4,367 원 of net incomes.