The Ministry of Economy and Finance has allocated 390.2 trillion won for next year's national tax revenue. This is an increase of 18.2 trillion won (4.9%) compared to the tax revenue recalculated in this year's second supplementary budget.
According to the '2026 National Tax Revenue Budget Proposal' announced by the Ministry of Economy and Finance on the 29th, next year's national tax revenue has been set at 378.6015 trillion won for the general accounts and 11.6439 trillion won for the special accounts (liquor tax and The Special Tax for Rural Development). This represents an increase of 17.1 trillion won and 1 trillion won, respectively, compared to this year.
By tax item, income tax is expected to see the largest increase. Next year's income tax is projected to rise by 5.2983 trillion won compared to this year. Factors contributing to this include the expansion of comprehensive income tax due to economic recovery, wage increases, and a rise in earned income due to an increase in employment.
Corporate tax is also expected to increase by about 3 trillion won, reflecting strong corporate performance. Corporate tax revenue is projected to rise from 83.5671 trillion won this year to 86.5474 trillion won next year. Value-added taxes are also expected to increase by approximately 3.2 trillion won, reflecting recovery in domestic demand.
Inheritance and gift taxes are projected to reach 17.0163 trillion won, an increase of 1.5726 trillion won (10.2%) compared to this year, considering the upward trend in deaths due to aging.
The highest increase rate by tax item was recorded for security transaction tax. Next year's security transaction tax is expected to be 5.3753 trillion won, which is an increase of 39.8% (1.5299 trillion won) compared to this year. This is due to the increase in the security transaction tax rate from the current 0.15% to 0.2%.
Traffic, energy, and environmental taxes are expected to reach 16.4122 trillion won, an increase of 17.2% compared to this year, assuming the normalization of fuel tax cuts. A Ministry of Economy and Finance official noted, "If the fuel tax cuts are extended next year, the tax revenue could change."
On the other hand, revenue from stamp tax (-12.5%), tariffs (-14.1%), and liquor tax (-2%) is expected to decrease compared to this year. A Ministry of Economy and Finance official said, "It is projected that tariff revenue will decline due to exchange rate fluctuations, and liquor tax is considered to be on a downward trend every year."