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Taxing wages 2006 : Korea

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  • Taxing wages 2006
  • OECD
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Title Taxing wages 2006
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Sub Title

Korea

Material Type Reports
Author(English)

OECD

Publisher

[Paris]:OECD

Date 2007
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Holding OECD

Abstract

This chapter includes data on the income taxes paid by workers, their social security contributions, the family benefits they receive in the form of cash transfers as well as the social security contributions and payroll taxes paid by their employers. Results reported include the marginal and average tax burden for eight different family types. Methodological information is available for personal income tax systems, compulsory social security contributions to schemes operated within the government sector, universal cash transfers as well as recent changes in the tax/ benefit system. The methodology also includes the parameter values and tax equations underlying the data.