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
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- Deduction used
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- Calculated tax
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- Generation-skip surcharge
- Filing credit
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Applied rate band—
Calculation steps
Split-gift comparison
| Method | Tax payable | Difference |
|---|---|---|
| Enter a gift amount. | ||
Estimate based on South Korea Inheritance Tax and Gift Tax Act Articles 26, 53, 55, 56, and 57: progressive rates (10–50%), relationship deductions, marriage/birth deductions, filing credit (3%), and generation-skip surcharge. Actual tax may differ due to valuation, ten-year aggregation, and adjustments. Recheck current law 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.
Estimate based on South Korea Inheritance Tax and Gift Tax Act Articles 26, 53, 55, 56, and 57: progressive rates (10–50%), relationship deductions, marriage/birth deductions, filing credit (3%), and generation-skip surcharge. Actual tax may differ due to valuation, ten-year aggregation, and adjustments. Recheck current law 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 is an estimate for reference; 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 deduction 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 the adult-or-minor branch under Article 53, 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 applies the 10% to 50% progressive bands from Article 26 with quick deductions. Recheck current bands before filing.
- Article 56 rate link
- Art. 26 rate bands 10%–50%
- Recheck current schedule
Treat extra deductions and surcharges as assumptions
Marriage/birth deductions (Art. 53-2), the 3% filing credit (Art. 69), and generation-skipping surcharges (Art. 57) are optional inputs in this estimator.
Eligibility, timing, limits, and surcharge rates should be confirmed with current law and tax-authority guidance.
- Art. 53-2 / 57 conditions
- Confirm eligibility separately
- Recheck timing and limits
Split gifts are scenarios
The split-gift table is a scenario showing how 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 2026-08-21, 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 2026-08-21
- Recheck effective law
- Review official guidance
Related tools
South Korea gift-tax questions
Which country does this cover?
South Korea only. It does not apply foreign gift-tax law or currency.
How are relationship deductions handled?
The estimator applies the Article 53 structure for spouses, lineal relatives, and other relatives.
How does the minor deduction differ?
For gifts from a lineal ascendant, the deduction is KRW 50 million for an adult and KRW 20 million for a minor.
What happens below a KRW 500,000 tax base?
The estimator returns zero tax under the Article 55 minimum-tax-base structure.
How are rates applied?
It applies the 10% to 50% progressive bands from Article 26 (linked by Article 56). Recheck the current bands.
Why enter prior gifts in ten years?
Article 53 aggregates deductions used during the prior ten years, so earlier gifts can affect the estimate.
Is the split-gift saving guaranteed?
No. It is a simplified comparison and does not replace actual aggregation, valuation, or transaction facts.
What should I check before filing?
Recheck current Korean law, tax-authority guidance, valuation, aggregation, and personal deduction conditions.
Can the marriage or childbirth deduction be used separately?
Under Article 53-2, a gift from a lineal ascendant within two years of marriage or childbirth qualifies for a separate KRW 100 million deduction on top of the standard Article 53 deduction.
When does the generation-skipping surcharge apply?
Under Article 57, if the recipient is a lineal descendant other than the donor's child (e.g. a grandchild), 30% of the calculated tax is added. If the recipient is also a minor and the gift exceeds KRW 2 billion, the surcharge is 40%.
South Korean primary legal sources
Checked 2026-08-21. Verified current text of South Korea Inheritance Tax and Gift Tax Act Articles 26 (rates), 53 (deductions), 53-2 (marriage/birth), 55 (tax base), 56 (calculated tax), and 57 (generation skip). Recheck current law and NTS guidance before filing.