search
Yonhap
Trends
- 1South Korea tax windfall may top 50 trillion won on chip boom▼South Korea tax windfall could top 50 trillion won on chip boom - Yonhap
South Korea could collect more than 50 trillion won in extra tax revenue thanks to a surge in semiconductor exports, according to a Yonhap report carried by Yahoo Finance UK. The chip boom is lifting corporate profits and, with them, government receipts. The figure would give Seoul additional fiscal room at a time of budget pressure.