Tax Revenue Falls 49 Tln Won through Nov. on Weak Corporate Performance

SEOUL, Dec. 29 (Korea Bizwire) — South Korea’s tax revenue fell 49.4 trillion won (US$38.41 billion) during the first 11 months of 2023 compared with a year earlier due mainly to weak corporate activities and the prolonged slump in the property market, the finance ministry said Friday. But the shortfall had decreased for the second [...]