South Korea's tax revenue has continued to increase in the first seven months of this year.
According to the Ministry of Economy and Finance on Tuesday,.... the government received more than 1-hundred-68-point-5 billion U.S. dollars in tax revenue from January to July 2018.
This is an increase of more than 19-billion dollars from the same period last year.
The amount collected is equivalent to.... 70-point-9 percent of this year's tax revenue target.
Income tax revenue was around.... 45-point-6 billion dollars,.... and corporate tax amounted to 37-point-7 billion dollars from January to July.
South Korea's consolidated budget balance...which is calculated by subtracting expenditure from tax revenue... recorded a surplus of around 8-point-2 billion dollars.