MundoKit

Korea tax refund calculator

Enter one tax-inclusive receipt and choose a refund method. Compare the VAT component with an estimated payout after your editable agent deductions; traveler and export eligibility remain assumptions.

Inputs
KRW
Standard VAT goods only. Do not combine separate receipts or enter a price already reduced by an immediate refund.
KRW
Use full tax-inclusive amounts before refunds. The current receipt is added automatically.
Example assumption. This calculator does not establish residency or export compliance; see eligibility guidance below.
Each row: receipt lower bound in KRW, fee % of VAT, fixed fee in KRW. No thousands separators. First lower bound must be 0; subsequent bounds increase. Highest matching row applies to the whole receipt. Replace with your agent’s terms.
Your own exchange rate; blank omits conversion.

Results

Estimated net refund for selected method
8,000 KRW
Amount and assumption check
Passes selected checks; confirmation required
VAT component, not promised payout
10,000 KRW
Modeled agent deductions
2,000 KRW
Estimated final purchase cost
102,000 KRW
Your fee assumptions (examples until replaced)
Receipt at least (KRW)Fee as % of VATFixed fee (KRW)Applied
0200Yes
300,000151,000
  • No universal official operator fee schedule is used. The example fee table is not a quote; replace it with your provider’s deductions.
  • Failure of an immediate or downtown amount limit does not rule out a departure refund. Select that method to compare; do not claim twice.
  • Only standard VAT goods are modeled. Individual consumption tax, services and duty-free purchases are outside scope.

Results update as you type. The share link stores your inputs after the # in the address, which is not sent to our server, but anyone you send it to can read them.

Last checked 2026-11-14. Rules change, sometimes at short notice. We list the date we last checked each official source; confirm with the official government source before you travel, buy or file. This is general information, not legal or immigration advice.

This is a general estimate for information only, not tax, legal or financial advice. Real rules have more conditions than a calculator can show, so check the official source below or a qualified professional for your situation.

How it works

This estimates standard VAT on eligible goods at participating tax-refund shops. The minimum receipt amount is ₩15,000, effective January 1, 2024. Choose the refund channel to apply its current amount limits; these limits were checked against Korea Customs guidance on November 14, 2026.

VAT component = tax-inclusive receipt × 10/110 Modeled fee = VAT component × your fee percentage / 100 + fixed fee Net refund = max(0, eligible VAT component − modeled fee) Converted refund = net refund × your currency units per won

The NTS general-taxpayer rate is 10%. Since gross = pre-tax price × 1.10, gross × 10/110 gives the VAT component about 9.09% of a tax-inclusive price. Actual payouts depend on the refund operator. The fee table is an editable example, not an official or commercial schedule. Each row begins at its receipt lower bound and ends just before the next bound. Its percentage and fixed fee apply to the entire receipt, not progressively. Fees are capped at eligible VAT for this estimate.

No intermediate rounding is applied. Displayed won amounts round to the nearest whole won; currency conversions round to two decimals. An operator may instead use fixed payout bands or different rounding. Replace the assumptions to match your quote. Input limits are one trillion won per amount, 100 fee rows and 10,000 table characters.

Worked examples

₩110,000 receipt with an example 20% VAT deduction

The VAT component is ₩10,000. The first example fee row deducts ₩2,000, leaving an estimated ₩8,000 refund and ₩102,000 final cost. With no earlier immediate-refund purchases, the receipt passes the amount checks.

Higher example fee-table band

A ₩330,000 receipt contains ₩30,000 VAT. The example band starting at ₩300,000 charges 15% of VAT plus ₩1,000: ₩5,500 in deductions. Estimated net refund: ₩24,500. These are hypothetical fees.

A receipt that requires another channel

A ₩1,100,000 receipt cannot receive an immediate refund, so that method estimates ₩0. Selecting departure refund and assuming eligibility, with the example 15% VAT fee plus ₩1,000, gives ₩100,000 VAT, ₩16,000 deductions and ₩84,000 estimated net refund.

Refund method limits

The Korea Customs comparison table states:

MethodAmount condition before refund
Immediate at storeReceipt below ₩1,000,000; cumulative immediate-refund purchases no more than ₩5,000,000 per trip
Downtown advanceReceipt no more than ₩6,000,000
Departure airport / portNo purchase maximum in this table

All methods still require qualifying purchases and the minimum receipt amount. A downtown advance does not remove departure formalities.

Frequently asked questions

Is exactly ₩1,000,000 eligible for immediate refund?
No. The Customs limit is strictly below ₩1,000,000 per purchase. Exactly ₩5,000,000 cumulative immediate-refund spending is permitted, provided the individual receipt also passes its limit.
Who can use tourist refunds?
The Korea Tourism Organization describes eligible foreign visitors staying less than six months, and qualifying overseas Koreans staying less than three months who have lived abroad for more than two years or hold foreign permanent residency. Incheon Customs also lists exclusions, including resident diplomats and stationed military personnel. Have the shop verify your status; this calculator does not determine residency.
Must I take unused goods out of Korea?
Yes. KTO guidance requires new, unopened, unused goods and departure within three months of purchase. Keep the refund receipt and goods available for any required customs confirmation before checking baggage. These conditions are not calculated by the amount checker.
Will I receive 10% of what I spent?
No. A ₩110,000 tax-inclusive price contains ₩10,000 VAT, before operator deductions. The example fee table is not a promised refund rate, and no universal official operator fee schedule was verified.
Can I add small receipts together or claim a refund twice?
Use each qualifying receipt separately for the minimum test. Earlier immediate-refund purchases are added only for the trip-limit check. A purchase already refunded at checkout cannot be refunded again at departure.

Sources

Last reviewed 2026-11-14; next review due by 2027-01-15. The method is written out above so you can check our math.