South Korea or Tuvalu: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: South Korea and Tuvalu weigh about the same on the taxpayer.

Tax South Korea Tuvalu Gap
Corporate income tax headline rate 9% to 25% 30% to 40% −15.0 points
Personal income tax top bracket 7.8% to 53.4% 30% to 40% +13.4 points
VAT standard rate 10% 5% +5.0 points
See the South Korea page See the Tuvalu page