South Korea’s Ministry of Strategy and Finance Proposes New Tax on Video Game Revenues
Published Mar 15, 2024 | Updated Mar 31, 2026 | 1 min read
South Korea’s Ministry of Strategy and Finance has proposed introducing a new tax targeted at revenue generated by video game companies. This proposal, part of the government’s broader fiscal policy plans announced for the year, seeks to establish a structured tax framework for the gaming industry, primarily focusing on major gaming operators. The move signals heightened government scrutiny and regulatory interest in the growing gaming sector, aiming to ensure that significant earnings from gaming activities contribute to public revenues. The initiative reflects ongoing efforts to adapt fiscal policies in response to the economic significance of gaming in South Korea.
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