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What's the prize money for the Nobel Prize?Han River, 1.3 billion won in "non-taxation" [Anchor Report]

2024.10.11 PM 04:52
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You wonder how much prize money the winners who achieved such a great achievement will receive, right?


The Nobel Prize winner will be awarded 11 million krona in prize money, about 1.34 billion won, medals, and certificates.

Like this year's Chemistry Prize, if three people jointly win the prize, they will share the prize money.

Writer Han Kang received the literary award alone, so you will receive the full amount.

In accordance with the Enforcement Decree of Korea's Income Tax Act, 'prize and injuries received by winners of awards from foreign governments, international institutions, international organizations, and other foreign organizations or funds' are not subject to tax exemption.

As a result, Han Kang will receive all of the 1.3 billion won in prize money without taxes.



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