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Korea raked in nearly US$ 139.4 bil. in tax revenue in H1: Data

2018-08-10 7 Dailymotion

'세수만 호황' 상반기 세금 작년보다 19조3천억원 더 걷혀: 기재부<br /><br /> Seoul posted a budget surplus this year thanks to increased tax revenue from corporations and individuals... as well as VAT.<br /> Data from the Ministry of Economy and Finance show the country's tax revenue amounted to nearly a-hundred-39-point-4 billion U.S. dollars during the first half... some 17-billion dollars more compared to the same period last year.<br />Of that, nearly 36 billion was collected in corporate tax, which reflects business performance.<br />Income tax revenue also rose almost 6 billion dollars on-year to 39-point-3 billion... while the value added tax revenue climbed to nearly 31 billion dollars, that's a billion and a half more than 2017. <br />

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