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Korea - Taxing Wages 2009

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  • Korea - Taxing Wages 2009
  • OECD
  • Organization for Economic Cooperation and Development (OECD)


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Title Korea - Taxing Wages 2009
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Material Type Others
Author(English)

OECD

Publisher

Organization for Economic Cooperation and Development (OECD)

Date 2010
Language English
File Type Link

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.