Inheritance Tax Calculator
Calculates the tax levied upon inheritance of property following death.
You can select a large amount of basic deduction (200 million won) + human deduction (children, elderly, disabled, etc.) and lump sum deduction (500 million won).
 
Inheritance Value 
10,000 Won
Funeral Costs, etc 
10,000 Won
Appraisal Fee  ?
10,000 Won
Debt Burden
10,000 Won
House Price
10,000 Won
Net Financial Asset 
10,000 Won
Past Given Amount  ?
10,000 Won
Spouse Inheritance 
10,000 Won
Direct succession
Direct descendant
Child
Old Persions
Minors
Calculation Result

Notice
Inheritance Tax Rate Table
tax base tariff progressive deduction
less than 100 million won 10% 0 won
less than 500 million won 20% 10 million won
less than 1 billion won 30% 60 million won
3 billion won or less 40% 160 million won
More than 3 billion won 50% 4.6 billion won
Inspected by Kang Dong-kyun, a certified tax accountant specializing in real estate taxes.
Caution
This calculator should only be used as a reference to estimate the approximate amount, and when paying the actual inheritance tax, you should seek the help of a certified tax accountant.
copyright 2015 - 2021 Korean Real Estate Calculator (kdbs.fran.kr) All right reserved.