How it works
Capital gains tax applies to the profit from selling assets like real estate or stocks. This is a simplified estimate using the standard progressive rate (6–45%) plus 10% local tax, after a 2.5M KRW basic deduction. It does not account for primary-residence exemptions or long-term holding deductions — always confirm with a tax professional before filing.
FAQ
Q. Isn't a primary home exempt?
A. It can be exempt if requirements (2+ years holding, price threshold, etc.) are met, but this calculator doesn't model that exception.
Q. Does the same formula apply to stock gains?
A. No — stock gains follow a different rate structure depending on major-shareholder status. This tool assumes general assets like real estate.