Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,590,000 원
Income Tax
- 19,725 원
Local Tax
- 1,972 원
National Pension
- 71,550 원
National Health Insurance
- 62,392 원
Employment Insurance
- 14,310 원
Total tax
- 169,949 원
Net pay
* 1,420,051 원
Marginal tax rate
10.7%
Average tax rate
10.7%
89.3%
Net pay
10.7%
Total tax
Total tax
Net pay
The Taxberg
1,420,051 원
Net pay
304,072 원
Tax the employer pays
169,949 원
Tax you pay
Total tax paid
474,021 원
Did you know your employer also pays tax on your salary? It costs the employer 304,072 원 to pay you 1,590,000 원. In other words, every time you spend 10 원 of your hard-earned money, 2.98 원 goes to the government.
Real tax rate
25.0%
So, with you and the employer both paying tax, what used to be a 10.7% tax rate now rises to 25.0%, meaning your real tax rate is actually 14.3% higher than what it seemed at first.
Summary
If you make 1,590,000 원 a year living in South Korea, you will be taxed 169,949 원. That means that your net pay will be 1,420,051 원 per year, or 118,338 원 per month. Your average tax rate is 10.7% and your marginal tax rate is 10.7%. 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 10.69 원, hence, your net pay will only increase by 89.31 원.
Bonus Example
A 1,000 원 bonus will generate an extra 893 원 of net incomes. A 5,000 원 bonus will generate an extra 4,466 원 of net incomes.
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 1505428
5.3%
1
USA
KRW 1452293
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 1589998
0.0%
1
Singapore
KRW 1590003
0.0%
2
Hong Kong
KRW 1590001
0.0%
3
Pakistan
KRW 1574821
1.0%
4
Thailand
KRW 1510500
5.0%
5
Philippines
KRW 1467377
7.7%
6
Indonesia
KRW 1455306
8.5%
7
Taiwan
KRW 1449269
8.9%
8
South Korea
KRW 1420051
10.7%
9
New Zealand
KRW 1400950
11.9%
10
India
KRW 1399200
12.0%
11
Malaysia
KRW 1395494
12.2%
12
China
KRW 1380358
13.2%
13
Vietnam
KRW 1351897
15.0%
14
Japan
KRW 1292012
18.7%
15
Kazakhstan
KRW 1259280
20.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 1552238
2.4%
1
Brazil
KRW 1470751
7.5%
2
Puerto Rico
KRW 1463598
8.0%
3
Colombia
KRW 1462800
8.0%
4
Ecuador
KRW 1439750
9.5%
5
Guatemala
KRW 1437543
9.6%
6
Costa Rica
KRW 1423050
10.5%
7
Panama
KRW 1415102
11.0%
8
Peru
KRW 1391249
12.5%
9
Argentina
KRW 1319700
17.0%
10
Chile
KRW 1310160
17.6%
11
Uruguay
KRW 1302210
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 1574100
1.0%
1
Zambia
KRW 1494600
6.0%
2
Morocco
KRW 1482835
6.7%
3
Uganda
KRW 1446802
9.0%
4
Ivory Coast
KRW 1432172
9.9%
5
Kenya
KRW 1388654
12.7%
6
Senegal
KRW 1383026
13.0%
7
Cameroon
KRW 1341515
15.6%
8
Mozambique
KRW 1338246
15.8%
9
Ghana
KRW 1329762
16.4%
10
Angola
KRW 1252768
21.2%
11
Nigeria
KRW 1218013
23.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
KRW 1589999
0.0%
1
United Arab Emirates
KRW 1510503
5.0%
2
Qatar
KRW 1510502
5.0%
3
Bahrain
KRW 1462806
8.0%
4
Oman
KRW 1462787
8.0%
5
Kuwait
KRW 1415098
11.0%
6
Israel
KRW 1380913
13.2%
7
Lebanon
KRW 1378417
13.3%
8
Egypt
KRW 1341100
15.7%
9
Turkey
KRW 1325439
16.6%
10
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NOTE* Withholding is calculated based on the tables of South Korea, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.