The decline in corporate tax due to poor corporate performance was a major factor.
According to the state of national tax revenue announced by the Ministry of Strategy and Finance, national tax revenue from January to September was 255.3 trillion won, down 11.3 trillion won from the same period last year.
By tax category, corporate tax from January to September decreased by 17.4 trillion won in the aftermath of last year's poor corporate performance, which mainly affected the decline in national tax revenue.
Income tax increased by 400 billion won from January to September due to an increase in the number of employed and a rise in wages.
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