By Kang Yoon-seung
SEOUL, July 31 (Yonhap) -- South Korea's tax revenue rose by 5.5 trillion won (US$3.85 billion) in June from a year earlier on higher incomes and an increase in the number of homes traded, data showed Friday.
The government collected 23.1 trillion won in taxes last month, up 31.1 percent from a year earlier, according to the Ministry of Finance and Economy.
The finance ministry attributed the increase to higher income tax collections, which totaled 8.9 trillion won in June, up 1.4 trillion won from a year earlier, reflecting wage hikes and an increase in the number of homes traded.
The total number of homes traded in the country came to 69,800 in April, up 6.6 percent from 65,400 a year earlier.
South Korea also collected 2.7 trillion won in corporate taxes, up 400 billion won from a year earlier.
Revenue from the securities transaction tax rose 1.2 trillion won from a year earlier to 1.4 trillion won.
For the January-June period, tax revenue came to 223 trillion won, up 17.4 percent, or 33 trillion won, from a year earlier.
colin@yna.co.kr
(END)
- Police drop underage dating charge against actor Kim Soo-hyun
- S. Korea formally completes development of homegrown KF-21 fighter jet
- Fans, celebrities support BTS' Grammy boycott
- S. Korea in talks with U.S. military over air base access following white phosphorus leak: sources
-
BTS' 'Arirang' returns to top 10 on Billboard 200
-
S. Korea formally completes development of homegrown KF-21 fighter jet
- Police drop underage dating charge against actor Kim Soo-hyun
- S. Korea in talks with U.S. military over air base access following white phosphorus leak: sources
- (3rd LD) SK Group chairman ordered to pay 944 bln won in asset division to ex-wife
- Trump threatens 'substantial' Section 301 tariffs on EU after Google fine