Tax revenue up $19.6 bil. in Sept. amid chip supercycle

Korea Times News ·
Economy Markets South Korea
South Korea

Korea's tax revenue rose by 26.4 trillion won ($19.6 billion) in September from a year earlier on the back of higher corporate tax collections driven by improved earnings at chipmakers, data showed Friday. The government collected 55.2 trillion won in taxes last month, according to the Ministry of Finance and Economy. Corporate tax revenue rose by 23.6 trillion won to 36.2 trillion won, with the…

Read original article on Korea Times News →