Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
6,500,000 원
Income Tax
- 107,636 원
Local Tax
- 10,764 원
National Pension
- 292,500 원
National Health Insurance
- 255,060 원
Employment Insurance
- 58,500 원
Total tax
- 724,460 원
Net pay
* 5,775,540 원
Marginal tax rate
12.7%
Average tax rate
11.1%
88.9%
Net pay
11.1%
Total tax
Total tax
Net pay
The Taxberg
5,775,540 원
Net pay
1,243,060 원
Tax the employer pays
724,460 원
Tax you pay
Total tax paid
1,967,520 원
Did you know your employer also pays tax on your salary? It costs the employer 1,243,060 원 to pay you 6,500,000 원. In other words, every time you spend 10 원 of your hard-earned money, 3.03 원 goes to the government.
Real tax rate
25.4%
So, with you and the employer both paying tax, what used to be a 11.1% tax rate now rises to 25.4%, meaning your real tax rate is actually 14.3% higher than what it seemed at first.
Summary
If you make 6,500,000 원 a year living in South Korea, you will be taxed 724,460 원. That means that your net pay will be 5,775,540 원 per year, or 481,295 원 per month. Your average tax rate is 11.2% 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.
North America
Country 
Net pay
Average tax
Rank
USA
KRW 5937040
8.7%
1
Canada
KRW 5377679
17.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 6499998
0.0%
1
Hong Kong
KRW 6500001
0.0%
2
Singapore
KRW 6388990
1.7%
3
Pakistan
KRW 6355380
2.2%
4
Thailand
KRW 6165408
5.2%
5
Philippines
KRW 6160511
5.2%
6
Taiwan
KRW 5924685
8.9%
7
Indonesia
KRW 5884764
9.5%
8
South Korea
KRW 5775540
11.2%
9
Malaysia
KRW 5731809
11.8%
10
New Zealand
KRW 5727153
11.9%
11
India
KRW 5720000
12.0%
12
Vietnam
KRW 5402349
16.9%
13
Japan
KRW 5281808
18.7%
14
Kazakhstan
KRW 5148000
20.8%
15
China
KRW 4886375
24.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Colombia
KRW 6433938
7.5%
1
Puerto Rico
KRW 5983256
8.0%
2
Mexico
KRW 5943318
8.6%
3
Brazil
KRW 5938886
8.6%
4
Ecuador
KRW 5885755
9.5%
5
Guatemala
KRW 5876748
9.6%
6
Costa Rica
KRW 5817500
10.5%
7
Panama
KRW 5785003
11.0%
8
Peru
KRW 5687500
12.5%
9
Chile
KRW 5356000
17.6%
10
Uruguay
KRW 5193500
20.1%
11
Argentina
KRW 4264832
34.4%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 6430077
1.1%
1
Morocco
KRW 5880788
9.5%
2
Cameroon
KRW 5396637
17.0%
3
Ivory Coast
KRW 5366898
17.4%
4
Kenya
KRW 5310183
18.3%
5
Mozambique
KRW 5224498
19.6%
6
Ghana
KRW 4976020
23.5%
7
Angola
KRW 4919459
24.3%
8
Zambia
KRW 4841127
25.5%
9
Senegal
KRW 4652180
28.4%
10
Uganda
KRW 4637942
28.7%
11
Nigeria
KRW 4595869
29.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
KRW 6411139
1.4%
1
United Arab Emirates
KRW 6175000
5.0%
2
Qatar
KRW 6174999
5.0%
3
Bahrain
KRW 5979996
8.0%
4
Oman
KRW 5980000
8.0%
5
Kuwait
KRW 5785019
11.0%
6
Israel
KRW 5645249
13.2%
7
Lebanon
KRW 5140786
20.9%
8
Egypt
KRW 5130708
21.1%
9
Turkey
KRW 4051788
37.7%
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.