Korean Gift Tax Calculator
Last updated: 2026-06-25
Korean gift tax applies 10-50% progressive rates to the gift amount minus the relationship-based gift deduction (spouse 600M, adult lineal 50M, etc.).
If you file voluntarily within the deadline, a further 3% of the computed tax is deducted as a filing credit.
Enter gift details
Payable tax after filing credit
0 KRW
| Item | Amount |
|---|---|
| Value of gifted property | |
| Gift deduction | |
| Tax base | |
| Applicable rate | |
| Progressive deduction | |
| Computed tax | |
| Filing credit (3%) | |
| Payable tax |
A reference estimate that does not reflect marriage/childbirth deductions, generation-skipping surcharges or previously paid tax. Confirm the exact figure at the National Tax Service (Hometax).
How to use
- Enter the gift amount — Enter the value of the gifted property in won.
- Choose the relationship — Choose the relationship to the donor (spouse, lineal relative, other relative, etc.) to apply the gift deduction.
- View the result — The tax base after the deduction, the computed tax with progressive rates and the payable tax after the 3% filing credit are shown.
Gift deduction and progressive rates
Gift tax is paid by the recipient (donee) when receiving property without consideration. The gift amount minus the relationship-based gift deduction is the tax base, and progressive rates are applied to compute the tax. The formula is computed tax = tax base × rate − progressive deduction, and the payable tax is that minus the 3% filing credit.
| Relationship | Deduction limit |
|---|---|
| Spouse | 600M KRW |
| Lineal relative (adult) | 50M KRW |
| Lineal relative (minor) | 20M KRW |
| Other relative | 10M KRW |
| Other | 0 KRW |
| Tax base | Rate | Progressive deduction |
|---|---|---|
| Up to 100M KRW | 10% | 0 KRW |
| 100M - 500M KRW | 20% | 10M KRW |
| 500M - 1B KRW | 30% | 60M KRW |
| 1B - 3B KRW | 40% | 160M KRW |
| Over 3B KRW | 50% | 460M KRW |
For example, if an adult child receives 200M KRW from a parent, the 50M KRW gift deduction leaves a tax base of 150M KRW. The rate is 20% and the progressive deduction is 10M KRW, so the computed tax is 150M × 20% − 10M = 20M KRW, and after the 3% filing credit (0.6M KRW) the payable tax is 19.4M KRW. If the gift is real estate, acquisition tax also applies, so check your overall tax burden alongside the Korean Income Tax Calculator.
Frequently asked questions (FAQ)
How much is the gift deduction?
On a 10-year aggregate basis: 600M KRW for a spouse, 50M KRW for an adult lineal relative (adult child, etc.), 20M KRW for a minor child and 10M KRW for other relatives. The remaining amount after the deduction is the gift tax base.
What are the gift tax rates?
Gift tax applies progressive rates: 10% up to 100M KRW, 20% up to 500M (deduction 10M), 30% up to 1B (60M), 40% up to 3B (160M) and 50% over 3B (460M).
What is the filing tax credit?
If you voluntarily file the gift tax within the deadline (3 months from the end of the month containing the gift date), 3% of the computed tax is deducted as a filing credit. This calculator also shows the payable tax after the 3% filing credit.
Can the gift deduction be claimed each time?
The gift deduction is applied on a 10-year aggregate basis. For example, the 50M KRW deduction for an adult child receiving from a parent is a once-per-10-years limit, and additional gifts within 10 years are aggregated and taxed.
Is this result exact?
This calculator only reflects the basic gift deduction and progressive rates. It does not reflect marriage/childbirth gift deductions, generation-skipping surcharges or previously paid tax, so confirm the exact figure at the National Tax Service Hometax.
Related calculators & guides
Korean Income Tax Calculator
Apply progressive rates to the tax base for the computed tax.
Savings Interest Calculator
See the maturity amount when depositing gifted funds.
Compound Interest Calculator
Simulate long-term compound growth of gifted assets.
Why gross differs from take-home
A guide to income tax and social insurances.
Last updated: 2026-06-25