The Korea Herald

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[Graphic News] Korea’s tax revenue drops

By Korea Herald

Published : Aug. 13, 2013 - 21:44

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According to National Tax Service data submitted to Rep. An Min-suk of the main opposition Democratic Party, the nation’s tax revenue during the first half of the year fell to a three-year low. The drop was attributed to the protracted economic slowdown and a fall in corporate profits and consumer spending.