South Korea retirement income tax on a severance payment: service-year deduction...
https://api.kkuldogu.com/v1/retirement-income-taxOverview
South Korea retirement income tax on a severance payment: service-year deduction, converted-pay deduction, national and local tax, and the reduced tax if received as an IRP pension.
Protocol
x402 (POST)
Price
$0.01
Payment Asset
USD Coin
Payment Network
eip155:8453
Category
uncategorized
Provider
kkuldogu
Source
bazaar
Indexed
2026-11-13 15:03:41
Health
Status
unknown
Latency (p50)
—
Uptime (30d)
—
Reliability Score
—
Last Checked
Never
Last Healthy
Never
Consecutive Failures
0
x402 Payment Validation
Payment Requirements
—
Asset Verified
—
Facilitator
—
Input Schema
{
"body": {
"lastWorkDate": "2026-10-31",
"severancePay": 30000000,
"startDate": "2018-03-02"
},
"bodyType": "json",
"method": "POST",
"type": "http"
}
Output Schema
{
"example": {
"basisYear": 2026,
"currency": "KRW",
"disclaimer": "For reference only, not legal or tax advice. Uses official 2026 Korean rates and the same formulas as the kkuldogu.com calculators; actual payroll, NHIS/NPS notices and tax settlement can differ.",
"input": {
"lastWorkDate": "2026-10-31",
"severancePay": 30000000,
"startDate": "2018-03-02"
},
"result": {
"breakdown": {
"convertedPay": 22666666.666666668,
"convertedPayDeduction": 16800000,
"convertedTax": 352000.00000000006,
"serviceYearDeduction": 13000000,
"taxBase": 5866666.666666668
},
"effectiveRatePct": 1,
"localIncomeTax": 26400,
"netSeverance": 29709600,
"retirementIncomeTax": 264000,
"severancePay": 30000000,
"taxIfPaidAsIrpPension10y": 203280,
"taxableServiceYears": 9,
"totalTax": 290400
},
"source": "https://kkuldogu.com",
"tool": "retirement-income-tax"
},
"type": "json"
}