Korea Global Minimum Tax Pillar 2 2027 Calculator
Korea adopted OECD Pillar 2 effective 2024: 15% minimum effective tax rate for multinational enterprises with consolidated revenue ≥ €750M. Korea's headline rate 24.2% (22% national + 10% local surtax). MNE subsidiaries in low-tax jurisdictions trigger top-up tax.
Korea Pillar 2
Effective Jan 1, 2024. DMTT (Domestic Top-Up Tax) ensures Korean MNE pays 15% minimum globally. Aligned with OECD GloBE Rules.
ETR Calculation
Country-by-country basis. Numerator: covered taxes + adjustments. Denominator: GloBE income (book + adjustments).
Safe Harbours
Transitional safe harbour: CbCR data + €1M revenue/€1M profit thresholds (avoid full calculation if simple).
Source and Disclaimer
Korean Tax Reform Act 2023, OECD GloBE Model Rules. Top-up varies by jurisdiction.
Source: OECD GloBE, Korean Tax Reform Act 2023. Last updated: May 2026.