📚 Inheritance Tax Guide
💰 Exemption Limits (Lump-sum)
Inheritance tax has large deductions. In many cases, there is no tax up to at least 1 billion KRW if there is a spouse and children.inheritance-tax.page.guide.limits.intro_end
- Basic + Other Deduction:Or Lump-sum Deduction of 500 million KRW (whichever is larger)
- Spouse Deduction:Min 500 million ~ Max 3 billion KRW
- Conclusion:Min 1 billion deduction if spouse exists, min 500 million if not.
📊 Tax Rates (2025)
| Tax Base | Rate | Progressive Deduction |
|---|---|---|
| ≤ 100 million | 10% | - |
| ≤ 500 million | 20% | 10 million |
| ≤ 1 billion | 30% | 60 million |
| ≤ 3 billion | 40% | 160 million |
| > 3 billion | 50% | 460 million |