Latest / South Korea News Today | 2 Min News | The Daily News Now!
Korea’s Tax Revenue Surges in July | South Korea News
Korea’s tax revenue is soaring—July alone saw an 8.4 trillion won surge, driven by higher income taxes, booming stock trades, and increased imports. Total July collections hit 51 trillion won, with housing activity and rising wages fueling the income tax climb, while the stock market added 1.1 trillion won. VAT also jumped 3.2 trillion won. Year-to-date, taxes are up 41.4 trillion won to a staggering 274 trillion won—proof that a strong economy, active real estate, and a thriving market are filling government coffers fast. Listen in comfort:Get a discount on a Soli Pillow…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.