Statizoid

Corporate income tax (CIT) - statutory and targeted small business in Korea

Korea: Corporate income tax (CIT) - statutory and targeted small business was 27.5 Percentage of taxable income in 2026. ▼ Falling

Latest (2026)
27.5 Percentage of taxable income
Change on year
up 4.2%
Rank
1st
of 9 groups
All-time high
30.8 Percentage of taxable income
in 2000
All-time low
24.2 Percentage of taxable income
in 2009
Years of data
27
2000–2026

Corporate income tax (CIT) - statutory and targeted small business in Korea, 2000–2026

01020302000201320262000: 30.8 Percentage of taxable income2001: 30.8 Percentage of taxable income2002: 29.7 Percentage of taxable income2003: 29.7 Percentage of taxable income2004: 29.7 Percentage of taxable income2005: 27.5 Percentage of taxable income2006: 27.5 Percentage of taxable income2007: 27.5 Percentage of taxable income2008: 27.5 Percentage of taxable income2009: 24.2 Percentage of taxable income2010: 24.2 Percentage of taxable income2011: 24.2 Percentage of taxable income2012: 24.2 Percentage of taxable income2013: 24.2 Percentage of taxable income2014: 24.2 Percentage of taxable income2015: 24.2 Percentage of taxable income2016: 24.2 Percentage of taxable income2017: 24.2 Percentage of taxable income2018: 27.5 Percentage of taxable income2019: 27.5 Percentage of taxable income2020: 27.5 Percentage of taxable income2021: 27.5 Percentage of taxable income2022: 27.5 Percentage of taxable income2023: 26.4 Percentage of taxable income2024: 26.4 Percentage of taxable income2025: 26.4 Percentage of taxable income2026: 27.5 Percentage of taxable income

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.

Analysis

Korea recorded 27.5 Percentage of taxable income for corporate income tax (cit) - statutory and targeted small business in 2026.

Compared with earlier readings it is up 4.2% on the previous year and up 13.6% over ten years.

Over the whole period, corporate income tax (cit) - statutory and targeted small business in Korea peaked at 30.8 Percentage of taxable income in 2000 and was at its lowest, 24.2 Percentage of taxable income, in 2009.

The long-run direction has been consistently falling across the 27 years of available data.

Corporate income tax (CIT) - statutory and targeted small business in Korea, year by year

Year Percentage of taxable income Change
2000 30.8 Percentage of taxable income —
2001 30.8 Percentage of taxable income +0.0%
2002 29.7 Percentage of taxable income -3.6%
2003 29.7 Percentage of taxable income +0.0%
2004 29.7 Percentage of taxable income +0.0%
2005 27.5 Percentage of taxable income -7.4%
2006 27.5 Percentage of taxable income +0.0%
2007 27.5 Percentage of taxable income +0.0%
2008 27.5 Percentage of taxable income +0.0%
2009 24.2 Percentage of taxable income -12.0%
2010 24.2 Percentage of taxable income +0.0%
2011 24.2 Percentage of taxable income +0.0%
2012 24.2 Percentage of taxable income +0.0%
2013 24.2 Percentage of taxable income +0.0%
2014 24.2 Percentage of taxable income +0.0%
2015 24.2 Percentage of taxable income +0.0%
2016 24.2 Percentage of taxable income +0.0%
2017 24.2 Percentage of taxable income +0.0%
2018 27.5 Percentage of taxable income +13.6%
2019 27.5 Percentage of taxable income +0.0%
2020 27.5 Percentage of taxable income +0.0%
2021 27.5 Percentage of taxable income +0.0%
2022 27.5 Percentage of taxable income +0.0%
2023 26.4 Percentage of taxable income -4.0%
2024 26.4 Percentage of taxable income +0.0%
2025 26.4 Percentage of taxable income +0.0%
2026 27.5 Percentage of taxable income +4.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 28.49 Percentage of taxable income 24.2 Percentage of taxable income 30.8 Percentage of taxable income 10
2010s 24.86 Percentage of taxable income 24.2 Percentage of taxable income 27.5 Percentage of taxable income 10
2020s 27.03 Percentage of taxable income 26.4 Percentage of taxable income 27.5 Percentage of taxable income 7

Countries ranked near Korea

  1. 1 Democratic Republic of the Congo 30 Percentage of taxable income compare
  2. 1 France 36.13 Percentage of taxable income compare
  3. 2 Argentina 35 Percentage of taxable income compare
  4. 2 Eswatini 25 Percentage of taxable income compare
  5. 2 Morocco 35 Percentage of taxable income compare
  6. 2 Netherlands 25.8 Percentage of taxable income compare
  7. 2 Fiji 25 Percentage of taxable income compare
  8. 2 Mauritania 25 Percentage of taxable income compare
  9. 2 Colombia 35 Percentage of taxable income compare
  10. 2 Malta 35 Percentage of taxable income compare
  11. 3 Türkiye 25 Percentage of taxable income compare
  12. 4 Slovenia 22 Percentage of taxable income compare
  13. 4 Estonia 22 Percentage of taxable income compare

See the full ranking of 146 places →

More economy & growth data for Korea

All data for Korea →

Frequently asked questions

What is corporate income tax (cit) - statutory and targeted small business in Korea?
Corporate income tax (cit) - statutory and targeted small business in Korea was 27.5 Percentage of taxable income in 2026, according to Organisation for Economic Co-operation and Development.
What is the highest corporate income tax (cit) - statutory and targeted small business recorded in Korea?
The highest recorded value was 30.8 Percentage of taxable income in 2000.
What is the lowest corporate income tax (cit) - statutory and targeted small business recorded in Korea?
The lowest recorded value was 24.2 Percentage of taxable income in 2009.
How does Korea rank for corporate income tax (cit) - statutory and targeted small business?
Korea ranks 1st out of 9 groups with data for 2026.
Is corporate income tax (cit) - statutory and targeted small business rising or falling in Korea?
Over the last ten years it is up 13.6%. The long-run trend across the full record is falling.
Where does this Korea data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 27 observations, free to reuse under OECD Terms and Conditions (attribution required).

Share, cite or embed this page

Cite this page

Corporate income tax (CIT) - statutory and targeted small business in Korea. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/corporate-income-tax-cit-statutory-and-targeted-small-business-rates-combined-corporate/korea/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under OECD Terms and Conditions (attribution required); please keep the attribution.

<a href="https://economy.statizoid.com/stat/corporate-income-tax-cit-statutory-and-targeted-small-business-rates-combined-corporate/korea/">Corporate income tax (CIT) - statutory and targeted small business in Korea</a> — Statizoid

About this data

Indicator
Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate
Unit
Percentage of taxable income
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
146 places, 3,929 data points, 2000–2026
Last refreshed

Statutory and targeted, sub-central and combined corporate income tax (CIT) rates. Targeted rates of 'small incorporated business' are on the basis of size alone (e.g. number of employees, amount of assets, turnover or taxable income) and not on the basis of expenditures or other targeting criteria. Targeted rates data are only available for OECD member countries.