business / news / / Bloomberg Tax News
South Korea’s corporate tax revenue may rise about 33% in 2027 on record earnings from its two largest semiconductor makers.
South Korea's corporate tax revenue may rise 33% by 2027 due to chip sector profits.
KEY POINTS
- 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
Summarized by Newsio from Bloomberg Tax News. How we summarize →