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Local Compliance InformationAccounting Standards | contracting country | effective date | taxes covered | limited tax rate (withholding tax) | effective period | remarks | ||||
| Korea | contracting country | interest income | dividend income | royalty income | withholding tax | others (realestate income, business income) | |||
| Netherlands (revisioned Apr 2, 1999) |
81.4.17. | income tax | income tax | loan longer than 7yrs: 10% | corporation more than 25%: 10% | others: 10% | payments after Jan 1, 1981 | busines year after Jan 1, 1982 | protocol |
| corporate tax | wage tax | others: 15% | others: 15% | copy rights: 15% | |||||
| local income tax | corporate tax | ||||||||
| dividend tax | |||||||||
| rural development tax | |||||||||
| New Zealand (revisioned Oct 10, 1997) |
83.4.22. | income tax | income tax | 10% | 15% | 10% | Korea: payment after Jan 1, 1981 | Korea: taxable year after Jan 1, 1981 | protocol |
| corporate tax | accumulated earning tax | New Zealand: income year after Apr 1, 1981 | New Zealand: income year after Apr 1, 1981 | ||||||
| local income tax | |||||||||
| Germany (revisioned Oct 31, 2002) |
78.5.4. | income tax | income tax | 10% | corporation more than 25%: 5% | equipment use: 2% | payments after Jan 1, 2003 | taxable year after Jan 1, 2003 | protocol |
| corporate tax | corporate tax | others: 15% | others: 10% | ||||||
| capital tax | capital tax | ||||||||
| rural development tax | sales tax (including additional tax on it) |
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| Russia | 95.8.24. | income tax | tax on profits of corporations and similar corporations | None | more than 30% & $100 thousand: 5% | 5% | payments after Jan 1, 1996 | taxable year after Jan 1, 1996 | |
| corporate tax | taxes on income from banks | others: 10% | |||||||
| local income tax | taxes on income generated from insurance activities | ||||||||
| taxes on income tax | |||||||||
| Malaysia | 83.1.2. | income tax | income tax | 15% | corporations with more than 25%: 10% | others: 10% | payments after Jan 1, 1982 | taxable year after Jan 1, 1982 | protocol |
| corporate tax | excess profit tax | others: 15%/td> | copyrights:15% (academic copyrights: 10%) | ||||||
| local income tax | additional taxes including tin profits income, development income, timber profits income | ||||||||
| patroleum income tax | |||||||||
| Mexico | 95.2.11. | income tax | income tax | bank: 5% ( for 5 years from the date after it is taken into effect : 5% ) |
corporation with more than 10%: 0% | 10% | payments after Jan 1, 1996 | taxable year after Jan 1, 1996 | protocol |
| corporate tax | simple tax rate | others: 15%/td> | others: 15% | ||||||
| local income tax | |||||||||
| US | 79.10.20. | income tax | federal income tax | 12% | corporations with more than 10% & below 25% of devidened income from provisional corporation: 10% | copy rights & film: 10% | payments after Dec 1, 1979 | taxable year after Jan 1, 1980 | |
| corporate tax | others: 15% | others: 15% | |||||||
| Vietnam | 94.9.9. | income tax | personal income tax | 10% | 10% | industrial investment including patent right：5% | payments after Jan 1, 1995 | taxable year after Jan 1, 1995 | protocol |
| corporate tax | interest tax & interest remittance tax | others: 15% | |||||||
| local income tax | |||||||||
| Belgium | 79. 9.19 | income tax | personal income tax | 10% | 15% | 10% | payments after Jan 1, 1997 | taxable year after Jan 1, 1997 | |
| 96.12.31(revisioned) | corporate tax | corporate tax | |||||||
| residence tax | NGO tax | ||||||||
| non-resident income tax | |||||||||
| special tax on personal income tax | |||||||||
| 15.12.1 | “ | “ | “ | “ | “ | payments after Jan 1, 2016 | taxable year after Jan 1, 2016 | protocol with 25th provision revisioned | |
| Brazil (revised 18.1.10.) |
91.11.21. | income tax | federal income tax | loan longer than 7yrs: 10% | 10% | trademark rights: 25% | payments after Jan 1, 1992 | taxable year after Jan 1, 1992 | protocol |
| corporate tax | others: 15% | copy rights: 10% (payments after Jan 1, 1998 | |||||||
| local income tax | others: 10% ( payments after Jan 1, 2006) | ||||||||
| Saudi Arabia | 08.12.1. | income tax | religion tax | 5% | corporations with more than 25% (excluding partnership): 5% |
industrial, commercial, academic information: 5% | withholding tax amount imposed after Jan 1, 2009 | taxable year after Jan 1, 2009 | protocol |
| corporate tax | income tax including natural gas investment tax | others: 10% | others: 10% | ||||||
| rural development tax | |||||||||
| local income tax | |||||||||
| Sweden | 82.9.9. | income tax | central government income tax including sailor's tax and lottery tax | loans longer than 7 years: 10% | corporations with more than 25%: 10% | others: 10% | payments after Jan 1, 1981 | business year after Jan 1, 1981 | protocol |
| corporate tax | taxes on dividends from saving of corporation, capital reduction and liquidation | others: 15% | others: 15% | copy rights: 15% | |||||
| local income tax | a tax in addition to local income tax | ||||||||
| Swiss (revisioned in 12.7.25) |
81.4.22. | income tax | federal tax on income | bank receopt: 5% | corporations with more than 10% (except partnership corporations)：5% |
5% | payments after Jan 1, 2013 | business year after Jan 1, 2013 | protocol |
| corporate tax | liquor tax | others: 10% | others: 15% | ||||||
| local income tax | local body tax | ||||||||
| rural development tax | |||||||||
| Spain | 94.11.21. | income tax | personal income taxㆍcorporate tax | 10% (except interests credit sales) | corporations with more than 25%：10% | 10% | payments after Jan 1, 1995 | taxable year after Jan 1, 1995 | protocol |
| corporate tax | local tax related to land price increase in rural areas | others: 15% | |||||||
| local income tax | |||||||||
| Singapore (revisioned in June 28, 2013) |
81.2.11. | income tax | income tax | 10% | corporations with more than 25%：10% | 15% | payments after Jan 1, 1979 | business year after Jan 1, 1979 | protocol |
| corporate tax | others: 15% | ||||||||
| local income tax | |||||||||
| United Arab Emirates | 05.3.9. | income tax | income tax | 10% | corporations with more than 10%：5% | 0% | payments after Jan 1, 2003 | taxable year after Jan 1, 2003 | protocol |
| corporate tax | corporate tax | others: 10% | |||||||
| local income tax | |||||||||
| rural development tax | |||||||||
| Ireland | 91.12.27. | income tax | income tax | 0% | corporations with more than 10%：10% | 0% | payments after Jan 1, 1992 | business year after Jan 1, 1992 | protocol |
| corporate tax | corporate tax | others: 15% | |||||||
| local income tax | transfer income tax | ||||||||
| UK (revisioned 96.12.30.) |
78.5.13. | income tax | income tax | 10% | shareholders with more than 25% (except union)：5% | equipment use: 2% | payments after Jan 1, 1997 | taxable year after Jan 1, 1997 | Letter of Exchange |
| corporate tax | corporate tax | others: 15% | others: 10% | ||||||
| local income tax | transfer income tax | ||||||||
| rural development tax | |||||||||
| Italy (revisioned 15.1.23.) |
92.7.14. | income tax | personal income tax | 10% | corporations with more than 25%：10% | 10% | payments after Jan 1, 1993 | business year after Jan 1, 1993 | protocol |
| corporate tax | corporate tax | others: 15% | |||||||
| local income tax | local tax for productive activities | ||||||||
| (old) India | 86.8.31. | income tax | income tax | bank: 10% | corporations with more than 20%: 15% | 15% | Korea: payments after Jan 1, 1986 | Korea: taxable year after Jan 1, 1986 | protocol |
| corporate tax | corporate VAT | others: 15% | others: 20% | India: payments after Apr 1, 1986 | India: income year after Apr 1, 1986 | ||||
| local income tax | |||||||||
| India | revisioned in 2016.9.12. | income tax | income tax (VAT incl.) | 10% | beneficial owner: 15% | beneficial owner : 10% (based on payment place) |
payments after Jan 01, 2017 | taxable year after Jan 1, 2017 | revision of protocol |
| corporate tax | |||||||||
| rural development tax | |||||||||
| Indonesia | 89.5.3. | income tax | income tax | 10% | corporations with more than 25% (except union)：10% | 15% | payments after Jan 1, 1990 | business year after Jan 1, 1990 | protocol |
| corporate tax | corporate tax to the extent of provision in income tax | others: 15% | |||||||
| local income tax | taxation on interest, dividend, royalty | ||||||||
| Japan (revision 99.11.22.) |
99.11.22. | income tax | income tax | 10% | owning more than 25% in immediate 6 preceeding months：5% ( until the end of 2003 10%) |
10% | payments after Jan 1, 2000 | taxable year after Jan 1, 2000 | protocol |
| corporate tax | corporate tax | others: 15% | |||||||
| local income tax | local income tax | ||||||||
| rural development tax | local corporation (taxable year after Oct 1, 2014) |
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| China (ex. Hognkong, Taiwan, Macao)(revision 06.7.4) |
94.9.28. | income tax | personal income tax | 10% | corporations more than 25% (union excl): 5% | 10% | payments after Jan 1, 1995 | business year after Jan 1, 1995 | protocol |
| corporate tax | income tax and local income tax exemption for foreign invested companies and foreign companies | others: 10% | |||||||
| local income tax | |||||||||
| Qtar | 09.4.15. | income tax | income tax | 10% | 10% | 5% | withholding tax amount after Jan 1, 2010 | taxable year after Jan 1, 2010 | protocol |
| corporate tax | |||||||||
| rural development tax | |||||||||
| Canada ( revison 06.12.18.) |
80.12.19. | income tax | income tax | 10% | corporations with more than 25%(union excl.)：5% | 10% | payments after Jan 1, 2007 | taxable year after Jan 1, 2007 | protocol |
| corporate tax | others: 15% | ||||||||
| local income tax | |||||||||
| rural development tax | |||||||||
| Thailand (revision 07.6.29.) |
07.6.29.(개정후) | income tax | income tax | financial institutions (insurance company)：10% | 10% | software, broadcast tape, scientific work：5% | payments after Jan 1, 2008 | taxable year after Jan 1, 2008 | protocol |
| corporate tax | petroleum income tax | interest from sale on credit：10% | patent and trade mark ：10% | ||||||
| local income tax | government, governmental invested financial institutions: exemption | industrial, commercial, scientific equipment and knowhow：15% | |||||||
| rural development tax | others: 15% | ||||||||
| income tax | 86.3.27. | income tax | income tax | after two years： 10% | corporation with more than 25% (union excl.)：15% | 10% | payments after Jan 1, 1987 | taxable year after Jan 1, 1987 | protocol |
| corporate tax | corporate tax | others: 15% | others: 20% | ||||||
| local income tax | |||||||||
| Portugal | 97.12.21. | income tax | corporate income tax | 15% | corporate tax with more than 25%10% | 10% | payments after Jan 1, 1998 | taxable year starting after Jan 1, 1998 | |
| corporate tax | corporate income tax | others: 15% | |||||||
| local income tax | local tax imposed on corporate income tax | ||||||||
| rural development tax | |||||||||
| France (revision 92.3.1.) |
92.3.1. | income tax | income tax | 10% (interest from credit sales excl.) |
corporations with more than 10%：10% | 10% | payments after March 1, 1992 | individual: profits geterated after March 1, 1992ㆍ | protocol |
| corporate tax | corporate tax | others: 15% | corporation: business year starting after March 1, 1992ㆍ | ||||||
| local income tax | |||||||||
| Australia | 84.1.1. | income tax | iincome tax (including additonal tax on reserves of dividends of corporations not open to the public |
15% | 15% | 15% | Korea: income generated after Jan 1, 1982 | Korean: business year after Jan 1, 1982 | protocol |
| corporate tax | Australia: income generated after Jan 1, 1982 | Australia: income year after July 1, 1982 | |||||||
| local income tax | |||||||||
| Hong Kong | 2016.9.27. | income tax, corporate tax, rural development tax, local income tax | profit tax | 10% | owning minimum 25% of company that provides dividends by beneficial owners except partnership :10% | beneficial owner: 10% | payments after April 1m, 2017 | business year beginning after Jan 1, 2017 | |
| payroll tax | others: 15% | ||||||||
| property tax | |||||||||
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