National Tax Revenue Reaches 260.8 Trillion Won by August—Up 28.6 Trillion Won Year-on-Year

South Korea’s national tax revenue surged to 260.8 trillion won by August, up 28.6 trillion won year-on-year, driven by higher corporate and income tax collections, while VAT and securities transaction tax declined.

National Tax Revenue Up 23.8 Trillion Won Through July—Corporate Tax Rises by 14.5 Trillion Won, Income Tax by 9 Trillion Won

South Korea’s national tax revenue rose by 23.8 trillion won ($17.1 billion) through July, driven by strong corporate and income tax collections, while VAT and securities transaction tax declined.

China to End Tax Exemption on Interest Income from Government and Financial Bonds from August 8

China will end its decades-long tax exemption on interest income from government and financial bonds starting August 8, raising funding costs for new issuances and boosting demand for existing tax-exempt bonds, with yields on 10-year government bonds falling to 1.7%.

Bluesky

Tax Revenue Up 8.4 Trillion Won Through March - Corporate Tax Rises 6.5 Trillion

South Korea's tax revenue through March increased by 8.4 trillion won year-on-year, driven by a 6.5 trillion won rise in corporate tax collections, reflecting improved business performance and increased corporate income.

BOK to Purchase 10.5 Trillion Won in 14-Day RPs - VAT Payment Impact

Bank of Korea to purchase 10.5 trillion won in 14-day repurchase agreements to address market tightness ahead of VAT payment deadline

China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs

Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.