Tax revenue continues to decline in April

Home > Business > Economy

print dictionary print

Tax revenue continues to decline in April

Korea collected 46.8 trillion won ($38.8 billion) in taxes in April, down 3 trillion won from a year earlier, the finance ministry said Tuesday.
 
Income tax revenue amounted to 6.6 trillion won in April, up 1 trillion won from a year earlier, according to the Ministry of Economy and Finance.
 
Dues collected from companies reached 6.4 trillion won in the month, up 3.7 trillion won from a year earlier.
 
Value-added tax revenue reached 14.5 trillion won in April, down 2.6 trillion won from a year ago, the data showed.
 
In the first four months of the year, Korea collected 166.3 trillion won in taxes, down 4.4 trillion won.
 
Korea's total expenditures in April reached 44.8 trillion won, down 13.5 trillion won from a year earlier.
 
Yonhap
 
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now