[First Release of National Tax Statistics] Total 8.05 Million Business Owners... 4.9% Increase Compared to Previous Year

[Asia Economy Reporter Kwangho Lee] The National Tax Service (NTS) disclosed 95 national tax statistics items early on the 17th, ahead of the publication of the National Tax Statistical Yearbook scheduled for December this year.

The NTS publishes the National Tax Statistical Yearbook every December to help the public understand national tax administration and to support tax policy formulation and research. To enable earlier access to tax statistics information, the NTS produces and releases statistics early during the year. This year, early disclosure will be conducted twice.

The first early disclosure includes 94 items, which is 11 more than last year's 84 items, accounting for 18.6% of the total national tax statistical tables (510 items in 2019).

The total number of business operators last year was 8.05 million, an increase of 4.9% compared to 2018.

The number of corporate businesses increased by 6.8% to 1 million, and individual businesses also rose by 4.6% to 7.05 million.

By industry type, real estate rental businesses accounted for 2.02 million (25%), wholesale and retail trade 1.61 million (20%), service industry 1.57 million (19%), and food and lodging industry 810,000 (10%), in that order.

The early disclosed national tax statistical tables are available on the National Tax Statistics website, the NTS website, and the National Statistical Portal.

An NTS official stated, "We will continue to reflect the diverse opinions of national tax statistics users and carry out the second early disclosure (scheduled for November) and the publication of the National Tax Statistical Yearbook (scheduled for December) in a substantial manner."

This content was produced with the assistance of AI translation services.