South Korea expects national tax revenue to soar to the highest level in history this year, highlighting the huge benefits brought by the semiconductor industry and supporting the country's President Lee Jae-myung's ambitious investment plans. According to data from Korea's Ministry of Planning and Finance, Korea's tax revenue is expected to reach 478.6 trillion won in 2026, an increase of 28% over the previous year. This figure will be 63.2 trillion won higher than the estimate in this year's supplementary budget, as revenue from chip profits, special dividends, and stock trading has exceeded expectations. This forecast means that South Korea's annual tax revenue will break the 400 trillion won mark for the first time, which is about 21% higher than the previous record set in 2022. Tax revenue increased by 104.7 trillion won compared to last year, indicating that the AI boom is reshaping South Korea's national treasury and its export-oriented economy.

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