South Korea’s corporate tax revenue is projected to top 200 trillion won in 2027
Asiae says a semiconductor boom is expected to lift corporate tax receipts above income tax revenue for the first time in 15 years.
TLDR
Asiae reports that South Korea’s corporate tax revenue is projected to surpass 200 trillion won for the first time in 2027, driven by a semiconductor boom. Corporate tax receipts are also expected to overtake income tax revenue for the first time in 15 years, the publisher says.
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