Korea Inheritance Tax Calculator

Rates from 10% to 50% after deductions.

Inheritance tax calculator (Korea)

Estimated inheritance tax

₩200,790,000

Taxable ₩890,000,000

A simplified estimate that leaves out several special deductions. Returns are due within 6 months after the end of the month of death.

With a spouse and children, the ₩500M lump-sum deduction plus the ₩500M minimum spouse deduction mean estates up to about ₩1B pay little or no tax.

When is the return due?

Within 6 months after the end of the month of death.