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South Korea's Tax Revenue Set to Hit Record in 2026

Original: South Korea’s tax revenue is projected to surge 28% to a record 478.6 trillion won ($348B) in 2026. This massive windfal

South Korea's tax revenue is projected to rise 28% to a record 478.6 trillion won, about $348 billion, in 2026. The surge is driven largely by the global semiconductor boom. Observers expect Seoul to use the windfall to expand state funding, including into its Future Fund, giving the government significant fiscal leverage for industrial and investment policy.

Why now: The projected record windfall, fueled by the semiconductor boom, raises questions about how Seoul will deploy its new fiscal power.

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• South Korea’s tax revenue is projected to surge 28% to a record 478.6 trillion won ($348B) in 2026. This massive windfall, fueled by the global semiconductor boom, hands Seoul immense fiscal leverage. Expect significant state funding to pour into its "Future Fund" to secure the… · asiaai

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