Korean Tax Blog

19% Flat Tax or Progressive Tax: Which Is Better for Foreign Employees in Korea? “I work in Korea as a foreign employee. Should I choose the 19% flat tax rate or Korea’s progressive tax rates?” For eligible foreign employees in Korea, choosing the right tax method can make a significant difference at year-end settlement. Under the current rules, qualifying foreign employees may choose between the 19% flat income tax rate and Korea’s regular progressive income tax system. But