# South Korea’s corporate tax revenue may rise about 33% in 2027 on record earnings from its two largest semiconductor makers.

*business · news · 2026-04-16 · Bloomberg Tax News*

## Key points

- South Korea's corporate tax revenue may rise 33% by 2027 due to chip sector profits.
- Samsung Electronics and SK Hynix are driving the projected increase in tax receipts.
- Corporate tax revenue could reach 115 trillion won in 2027, up from 86.5 trillion won this year.
- Higher semiconductor profits may also boost South Korea's labor income tax receipts.

**Companies:** Samsung Electronics, SK Hynix
**Countries:** South Korea

[Read the full story on Bloomberg Tax News](https://news.bloombergtax.com/daily-tax-report/korea-tax-revenue-may-jump-on-chips-easing-bond-sales-socgen)

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