| (1) | The amount of income tax on the global income of a resident (hereinafter referred to as "calculated tax on global income") shall be determined by applying any of the following rates to the tax base of global income for the relevant year: <Amended by Act No. 12169, Jan. 1, 2014; Act No. 14389, Dec. 20, 2016; Act No. 15225, Dec. 19, 2017; Dec. 29, 2020; Dec. 31, 2022> |
| Tax Base of Global Income | Tax Rates | | 14 million won or less | 6/100 of tax base | | More than 14 million won, but not exceeding 50 million won | 840,000 won + (15/100 of the amount exceeding 14 million won) | | More than 50 million won, but not exceeding 88 million won | 6,240,000 won + (24/100 of the amount exceeding 50 million won) | | More than 88 million won, but not exceeding 150 million won | 15,360,000 won + (35/100 of the amount exceeding 88 million won) | | More than 150 million won, but not exceeding 300 million won | 37,060,000 won + (38/100 of the amount exceeding 150 million won) | | More than 300 million won, but not exceeding 500 million won | 94,060,000 won + (40/100 of the amount exceeding 300 million won) | | More than 500 million won, but not exceeding 1 billion won | 174,060,000 won + (42/100 of the amount exceeding 500 million won) | | More than 1 billion won | 384,060,000 won + (45/100 of the amount exceeding 1 billion won) |
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| 1. | The amount calculated by applying the tax rate of paragraph (1) to the tax base of retirement income for the relevant taxable period; |
| 2. | The amount calculated by multiplying the amount of subparagraph 1 divided by 12, by the number of years of continuous service; |
| 3. | Deleted. <by Act No. 12852, Dec. 23, 2014> |
[This Article Wholly Amended by Act No. 9897, Dec. 31, 2009]