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S. Korea's tax revenues surge on bigger corporate profits

S. Korea's tax revenues surge on bigger corporate profits 작년 세금 378조…세수호황에 조세부담률 역대 최고
Turning to some other news now. The South Korean finance ministry says tax revenues last year rose for the fourth year in a row, coming to 332-point-6 billion U.S. dollars.
That's an on-year increase of more than 28-point-2 billion dollars.
Last year's tax-to-GDP ratio rose by 1-point-6 percentage points to 21-point-2 percent, the highest since the year 2000.
The government attributed the spike to a boom in semiconductor sales and bigger corporate profits.



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