Acquisition Tax at Your Entered Rates
Use this worksheet to isolate tax in a property budget. It multiplies the entered purchase value by your chosen rate; it does not determine which Korean acquisition-tax rules apply to you.
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- Nothing is uploaded
- No signup; device limits apply
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How to use this tool
Enter the property value in KRW and the acquisition rate as a percentage of that value. The optional education-tax percentage applies to the calculated acquisition tax, not to the home price.
Results and examples
Read the two tax components before using their sum in a budget. Prefilled rates are examples, so verify the taxable base and your applicable rates before preparing a Korean tax filing.
Worked example
KRW 500 million at 1%, with education tax set to 10% of that tax, gives KRW 5 million plus KRW 500,000.
Limitations
- Rural special tax and registration charges are excluded.
- Multiple-home surcharges and first-home relief are not assessed.
Fields
| Field | Guidance and constraints |
|---|---|
| Acquisition price (KRW) | Check the unit and format displayed beside this field. |
| Acquisition tax rate (%) | Check the unit and format displayed beside this field. |
| Include local education tax (% of acquisition tax) | Check the unit and format displayed beside this field. |
| Local education tax rate (% of acquisition tax) | Check the unit and format displayed beside this field. |
Data handling
Processing stays in the current browser tab; the site does not upload tool input for the calculation itself.
Sources
Frequently asked questions
What does education tax at 10% mean?
Here it means 10% of the acquisition-tax amount, not 10% of the purchase price.
Is the default a filing rate?
No. Replace it with the rate confirmed for your Korean transaction.
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