Korea: Changes to tax brackets for dividend income; 1% increase on corporate tax brackets
Effective January 1, 2026
The National Assembly on December 2, 2025, approved the 2025 tax amendment bills, which:
- Changed the tax brackets for dividend income as follows:
- Up to KRW 20 million will be taxed at 14%
- Above KRW 20 million up to KRW 300 million will be taxed at 20%
- Above KRW 300 million up to KRW 5 billion at 25%, and income exceeding KRW 5 billion will be taxed at 30%
- Increased each corporate tax bracket (all four tiers) by 1%
The changes are effective January 1, 2026.
For more information, contact a KPMG tax professional in Korea:
Min-Jung Hong | minjunghong@kr.kpmg.com