April national tax revenue rose by 6.3 trillion won from a year earlier on the back of a boom in the semiconductor industry and the stock market.
According to the "Status of national tax revenue in April 2026" released by the Ministry of Finance and Economy on the 29th, last month's national tax revenue totaled 55.2 trillion won. By tax item, the security transaction tax, corporate tax, and income tax led the increase.
The security transaction tax came in at 1.3 trillion won, up 1.1 trillion won, driven by a surge in securities transaction value. In March, securities transaction value reached 1,449.4 trillion won, four times higher than a year earlier, and the security transaction tax rate also rose from 0–0.15% last year to 0.05–0.20% this year.
The Special Tax for Rural Development also came in at 2.1 trillion won, up 1.3 trillion won, on increased KOSPI transaction value. The Special Tax for Rural Development is levied at 0.15% of KOSPI transaction value.
Corporate tax came in at 12.8 trillion won, up 2.2 trillion won, and income tax totaled 9.7 trillion won, up 1.3 trillion won. Corporate tax rose sharply on factors including installment payments by semiconductor corporations and consolidation taxation by financial institutions. Income tax increased as earned income tax rose due to higher performance bonuses, and installment payments of capital gains tax on gains from transfers of listed shares also increased.
Value-added taxes came in at 21.2 trillion won, up 4.7 trillion won on factors including reduced refunds and higher imports; inheritance and gift tax increased by 200 billion won to 3.5 trillion won; and the transportation, energy and environment tax rose by 100 billion won to 1.2 trillion won.
Cumulative national tax revenue for January–April this year was 164.1 trillion won, an increase of 21.9 trillion won. The execution rate against this year's budget (415.4 trillion won), which reflects the supplementary budget, was 39.5%, 0.9 percentage points higher than the recent five-year average (38.6%).
The Finance Ministry projected that this year's national tax revenue would exceed last year's actual by 41.5 trillion won, and nearly half of that has already been secured.