{"id":14941,"date":"2024-06-26T13:00:37","date_gmt":"2024-06-26T10:00:37","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=14941"},"modified":"2024-06-26T13:00:37","modified_gmt":"2024-06-26T10:00:37","slug":"four-out-of-10-corporations-filed-losses-in-last-years-corporate-tax-reports","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=14941","title":{"rendered":"Four Out of 10 Corporations Filed Losses in Last Year&#8217;s Corporate Tax Reports"},"content":{"rendered":"<figure class=\"photo-layout image photo_221545 float-center\" data-idxno=\"221545\" data-type=\"photo\"><figcaption>The total corporate tax burden amounted to 81.6 trillion won (approximately $58.8 billion) last year, showing a decrease of 6.2 trillion won from the previous year.<\/figcaption><\/figure>\n<p>It was revealed that the number of corporations that filed corporate taxes last year exceeded one million. Among them, a significant portion, totaling 400,000 corporations, reported losses.<\/p>\n<p>According to the corporate tax statistics released by the National Tax Service on June 24, the number of corporations filing corporate taxes last year was 1.031 million, representing an increase of 49,000 from the previous year\u2019s 982,000.<\/p>\n<p>Last year marked the first time the number of corporations filing corporate taxes exceeded one million.<\/p>\n<p>The total corporate tax burden amounted to 81.6 trillion won (approximately $58.8 billion), showing a decrease of 6.2 trillion won from the previous year, due to poor performance among large companies.<\/p>\n<p>Among the corporations filing corporate taxes, 652,000 reported profits, while 379,000 reported losses. Compared to the previous year, the number of profitable corporations increased by 37,000, or 6.0 percent, and the number of loss-making corporations increased by 12,000, or 3.2 percent.<\/p>\n<p>By industry, profitable corporations saw significant increases in real estate, up 75.8 percent, food and accommodation, up 37.6 percent, and utilities such as electricity, gas, and water supply, up 28.8 percent. On the other hand, loss-making corporations increased notably in real estate, up 17.1 percent, healthcare, up 9.2 percent, and retail, up 8.7 percent.<\/p>\n<p>Analysis shows that corporate tax payments from 2,464 listed corporations amounted to 28.9 trillion won, accounting for 35.4 percent of the total. The remaining 1,028,000 non-listed corporations contributed 52.7 trillion won in tax payments, representing 64.6 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total corporate tax burden amounted to 81.6 trillion won (approximately $58.8 billion) last year, showing a decrease of 6.2 trillion won from the previous year. It was revealed that the number of corporations that filed corporate taxes last year exceeded one million. Among them, a significant portion, totaling 400,000 corporations, reported losses. According to &#8230; <a title=\"Four Out of 10 Corporations Filed Losses in Last Year&#8217;s Corporate Tax Reports\" class=\"read-more\" href=\"https:\/\/ch.jfdi.cc\/?p=14941\" aria-label=\"Read more about Four Out of 10 Corporations Filed Losses in Last Year&#8217;s Corporate Tax Reports\">Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":14942,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1521,1447,6393,33,4498,3399,5099,1992,553,4382,4548,793,1823,1991,5527,3138,10271,287,8183,10244,4441,3814,1065,6917,4014,1183,8602,962,12277],"class_list":["post-14941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other","tag-1521","tag-accommodation","tag-analysis","tag-companies","tag-corporate-tax","tag-corporate-taxes","tag-corporations","tag-decrease","tag-electricity","tag-food","tag-gas","tag-healthcare","tag-increase","tag-industry","tag-loss","tag-performance","tag-profits","tag-real-estate","tag-released","tag-retail","tag-service","tag-statistics","tag-tax","tag-tax-burden","tag-tax-payments","tag-taxes","tag-utilities","tag-water","tag-water-supply"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- 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