63 Trillion Won More in Taxes Collected This Year Thanks to Semiconductors... Record-High Excess Tax Revenue
Driven by the semiconductor boom, excess tax revenue this year is projected to reach a record high of 63.2 trillion won. The corporate tax forecast rose by 35 trillion won, accounting for more than half of the total upward revision.
According to the '2026 National Tax Revenue Re-estimation Results' announced by the Ministry of Economy and Finance on the 30th, the government projects this year's national tax revenue to be 478.6 trillion won. This is 63.2 trillion won (15.2%) higher than the 415.4 trillion won predicted during the supplementary budget in February, marking an all-time high.
The tax item that most significantly boosted the revenue forecast is corporate tax.
The government expects this year's corporate tax to reach 136.4 trillion won, which is 35 trillion won more than the 101.3 trillion won estimated during the supplementary budget. Within this, the forecast for corporate tax reported and paid by companies alone was raised by 34.2 trillion won, from 76.7 trillion won to 110.9 trillion won.
63 Trillion Won More in Taxes Collected This Year Thanks to Semiconductors... Record-High Excess Tax Revenue n.news.naver.com Reporters Yeo Dong-jun and Park Kwang-on = Driven by the semiconductor boom, excess tax revenue this year is projected to reach a record high of 63.2 trillion won. The corporate tax forecast rose by 35 trillion won, accounting for more than half of the total upward revision. On the 30th, the Ministry of Economy and Finance
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