South Korea Gift Tax Estimator
For South Korea only: enter the gift value, relationship, and conditions to estimate tax, calculation steps, and split-gift comparisons in KRW.
Gift details
Simulation result
- Tax base
- —
- Deduction used
- —
- Calculated tax
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- Generation-skip surcharge
- Filing credit
- —
Applied rate band—
Calculation steps
Split-gift comparison
| Method | Tax payable | Difference |
|---|---|---|
| Enter a gift amount. | ||
This is a KRW estimate under South Korean gift-tax rules. Relationship deductions, rate bands, marriage or childbirth and filing credits, generation-skipping, and split comparisons preserve the existing calculator assumptions. Recheck current Korean law and National Tax Service guidance before filing.
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How to read a South Korea gift-tax estimate
Estimate South Korea gift tax in KRW from the gifted property value, relationship, and prior gifts under Korean rules.
This is a KRW estimate under South Korean gift-tax rules. Relationship deductions, rate bands, marriage or childbirth and filing credits, generation-skipping, and split comparisons preserve the existing calculator assumptions. Recheck current Korean law and National Tax Service guidance before filing.
South Korea rules only
This screen estimates gift tax in KRW under South Korea’s Inheritance Tax and Gift Tax Act. It does not apply another country’s deductions, rates, or currency.
The result compares inputs under preserved calculator assumptions; it is not an official filing determination.
- South Korean law only
- KRW throughout
- Not an official assessment
Start with Article 53 deductions
Article 53 provides a KRW 600 million spouse deduction, KRW 50 million for a lineal ascendant, KRW 50 million for a lineal descendant, and KRW 10 million for specified other relatives.
The estimator subtracts the preserved limit associated with the selected donor relationship.
- Spouse KRW 600 million
- Lineal relatives KRW 50 million
- Specified relatives KRW 10 million
Account for the ten-year structure
The Article 53 ceiling is structured around deductions used by the recipient during the prior ten years, not only the current transfer.
Entering prior gifts from the same donor helps separate the remaining deduction from the current gift’s estimated tax base.
- Recipient-based ceiling
- Prior ten years aggregated
- Enter same-donor gifts
Separate the minor deduction
For a gift from a lineal ascendant, the Article 53 amount is KRW 50 million for an adult recipient and KRW 20 million for a minor.
The estimator uses recipient age for its preserved adult-or-minor branch, but the legal testing date and family relationship must be rechecked.
- Adult KRW 50 million
- Minor KRW 20 million
- Recheck age and relationship
Build the tax base
For the ordinary case, Article 55 structures the tax base as the gift-taxable value less Article 53 and other applicable deductions.
The estimator aggregates current and prior gifts, then separates the deduction limit and estimated prior base to show the current transfer.
- Gift-taxable value
- Subtract legal deductions
- Current transfer base
Apply the KRW 500,000 minimum
Article 55 states that gift tax is not imposed when the tax base is below KRW 500,000.
The estimator returns zero calculated tax below that boundary; this does not by itself settle every filing or reporting obligation.
- Boundary KRW 500,000
- Estimator returns zero
- Reporting checked separately
Use progressive rate bands
Article 56 applies the statutory rate schedule to the Article 55 tax base to determine calculated gift tax.
The estimator preserves its existing 10% to 50% progressive bands and quick deductions, which must be rechecked against current official materials before filing.
- Article 56 rate link
- Preserved 10%–50% bands
- Recheck current schedule
Treat extra deductions and surcharges as assumptions
Marriage or childbirth deductions, the filing credit, and generation-skipping surcharges remain optional assumptions from the existing estimator.
The supplied legal receipt does not establish every current condition for those features, so eligibility, timing, limits, and surcharge rates require separate official confirmation.
- Existing assumptions
- Confirm eligibility separately
- Recheck timing and limits
Split gifts are scenarios
The split-gift table is a scenario showing how preserved deductions and rate bands respond when the same total is divided across transfers.
Actual ten-year aggregation, donor identity, valuation, and timing are more complex, so the displayed saving is not a guaranteed tax saving.
- Simplified split scenario
- Actual ten-year aggregation
- No guaranteed saving
Recheck before filing
The legal material was checked on 2026-08-10, but South Korean statutes, rate tables, deductions, and official interpretations can change.
Recheck current Korean law and National Tax Service guidance before filing, and obtain professional review for high-value or complex gifts.
- Checked 2026-08-10
- Recheck effective law
- Review official guidance
South Korea gift-tax questions
QWhich country does this cover?
South Korea only. It does not apply foreign gift-tax law or currency.
QHow are relationship deductions handled?
The estimator preserves the Article 53 structure for spouses, lineal relatives, and other relatives.
QHow does the minor deduction differ?
For gifts from a lineal ascendant, the preserved amounts are KRW 50 million for an adult and KRW 20 million for a minor.
QWhat happens below a KRW 500,000 tax base?
The estimator returns zero tax under the Article 55 minimum-tax-base structure.
QHow are rates applied?
It preserves the 10% to 50% progressive bands linked by Article 56. Recheck the current bands.
QWhy enter prior gifts in ten years?
Article 53 aggregates deductions used during the prior ten years, so earlier gifts can affect the estimate.
QIs the split-gift saving guaranteed?
No. It is a simplified comparison and does not replace actual aggregation, valuation, or transaction facts.
QWhat should I check before filing?
Recheck current Korean law, tax-authority guidance, valuation, aggregation, and personal deduction conditions.
South Korean primary legal sources
Checked 2026-08-10: South Korea Inheritance Tax and Gift Tax Act Articles 53, 55, and 56. Recheck current deductions, rates, filing credits, valuation, and aggregation rules before filing.